Central Bank of India Q2FY23 PAT up 70% at Rs341.41 crore on higher yields on loans and investments

The Central Bank announced a growth of 8.26% in total revenue for the September 2022 quarter on a consolidated basis at Rs 7,093.

Revenue growth was 11.05% in the previous quarter. Like most other banks in the quarter,

The central bank also saw a sharp rise in loan yields as well as on investments amid rising bond yields and repurchase rates.

While treasury revenue declined sharply in the quarter year over year, wholesale banking revenue was flat to positive while retail banking revenue rose sharply year over year.

Consolidated profit after tax (PAT) for the September quarter 2022 increased by 70.04% to Rs.341.41 due to higher realization rates for loans and investments.

In the quarter, only Treasury generated operating profit while retail and wholesale banking posted operating losses. While retail banking slipped from profit to loss, wholesale banking saw losses narrow.

PAT margins increased 4.81% in the September 22nd quarter compared to 3.06% in the September-21 quarter and 4.27% in the June 2022 quarter. Total NPAs are down nearly 600 basis points but are high at 9.64%.

The financial indicators were compared for the month of September -22 on an annual basis and in a row

central bank

rupees in crores

September 22

September 21


June 22

Gross Income (Rs. cr) 7093.08 INR 6551.68 INR 8.26% 6,387.24 INR 11.05%
Net Profit (Rs. cr) 341.41 SR INR 200.78 70.04% INR 272.90 25.10%
Diluted EPS (Rs.) 0.39 INR 0.23 INR 0.31 INR
net margins 4.81% 3.06% 4.27%