Q1 2025 Central Bank of India Ltd Earnings Call Transcript
Key Points
- Net profit increased by 110% year-over-year to INR 880 crores.
- Total business grew by 9%, reaching INR 6.35 lakh crores.
- Gross advances increased by 13.99%, improving the CD ratio to 65.27%.
- Net NPA reduced to 0.73%, showing a significant improvement from 1.75% a year ago.
- Provision coverage ratio improved to 96.17%, indicating strong financial health.
- Interest expenses increased by 18.23%, impacting overall profitability.
- Higher provisioning on NPAs, with INR 1,321 crores allocated, which could affect future profits.
- Staff costs rose by 15.03%, adding to the operational expenses.
- Other operating expenses increased by 24.66%, indicating rising costs.
- The bank's cost of deposits increased, which could pressure net interest margins.
Ladies and gentlemen, good day, and welcome to Central Bank of India Q1 FY '25 Earnings Conference Call hosted by Antique Stockbroking. (Operator Instructions) Please note that this conference is being recorded.
I now hand the conference over to Mr. Raju Barnawal from Antique Stockbroking. Thank you, and over to you, sir.
Thank you, Shubhangi. Good afternoon, everyone, and thank you for joining post-results conference call of Central Bank of India. From the management side today, we have with us Shri. M.V. Rao, MD and CEO; Shri. Vivek Wahi, Executive Director; Shri. M.V. Murali Krishna, Executive Director; Shri. Mahendra Dohare, Executive Director; and Mr. Mukul Dandige, Chief Financial Officer. Now without any further delay, I hand over the call to MD sir, for his opening remarks, post which we will open the floor for the question-and-answer session. Thank you, and over to you, sir.
Yes. Thank you, Raju Ji. And
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
