CSB Bank announced Q1FY26 results Total Deposits grew by 20% YoY from Rs 29,920 crore as on 30.06.2024 to Rs 35,935 crore as on 30.06.2025. The CASA ratio stood at 23% as of 30.06.2025. Advance (Net) grew by 31% YoY from Rs 24,844 crore as on 30.06.2024 to Rs 32,552 crore as on 30.06.2025, supported by a robust growth of 36% in gold loans on a YoY basis. Net Interest Income (NII) up by 5% YoY from Rs 362 crore for Q1FY25 to Rs 379 crore for Q1FY26. Non-Interest Income up 42% YoY from Rs 172 Crore for Q1FY25 to Rs 245 Crore for Q1FY26. Cost Income Ratio is at 65% for Q1FY26, reduced from 68% for Q1FY25. The Bank continues to make significant investments in people, distribution, systems & processes in the build phase aimed at creating a strong foundation for the scale that we aspire to achieve as part of the SBS 2030 vision. Operating Profit up by 28% YoY from Rs 172 crore for Q1FY25 to Rs 220 crore for Q1FY26. Profit after Tax (PAT) up by 5% YoY from Rs 113 crore for Q1FY25 to Rs 119 crore for Q1FY26. We continue to maintain the accelerated provisioning policy during this quarter as well. Return on Assets and NIM were at 1.03% and 3.54% respectively, during Q1FY26. Robust Capital Structure - Capital Adequacy Ratio is at 21.71%, which is well above the regulatory requirement. CRAR as on 30.06.2024 was 23.61% Asset Quality & Provisioning – Gross non-performing assets were at 1.84% as on 30.06.2025, as against 1.69% as on 30.06.2024. Net non-performing assets were at 0.66% as on 30.06.2025, as against 0.68% as on 30.06.2024. Pralay Mondal, Managing Director & CEO, said: Q1FY26 is incredibly special for us as it marked a pivotal milestone of our successful CBS migration along with the rollout of fifty-plus surround systems, thus enhancing our capabilities manifold and taking us very close to the launch of Scale Phase in our SBS 2030 journey. As the complexity and dimensions of the tech transformation that we undertook were huge, the entire CSB team’s priority during the quarter was on getting it stabilised and reaping the benefits subsequently. Despite these challenging times, we had a decent quarter in terms of growth and profitability. We could register a growth of 20% in deposits and 31% in gross advances on a YoY basis as at the quarter end. Our CASA book grew by 13% over Q1FY25. All the asset verticals, viz, Retail including Gold, SME and WSB, continued the growth trajectory, and overall assets registered a YoY growth of above 30%. The gold portfolio grew by 36%. On the bottom line, our operating/net profit grew by 28% and 5% respectively, compared to Q1FY25. Our fee momentum continued with a 42% growth on a YoY basis. GNPA and NNPA ratios of 1.84% and 0.66% respectively, were within our overall guidance. The cost-to-income ratio is showing a declining trend on a YoY basis. Though the elevated costs, primarily driven by technology implementation and slightly higher slippages, put some pressure on the bottom line, the profitability, efficiency, liquidity, and capital adequacy ratios continue to be stable, and CRAR is well above the regulatory prescriptions as applicable. With the new systems getting stabilised, we look forward to consolidating our performance in the ensuing quarters & working towards achieving bigger milestones as envisaged in SBS 2030. Result PDF