CSB Bank Surges with 6% Profit Boost Amid Core Income Growth

CSB Bank, a private lender, reported a 6% year-on-year increase in profit after tax to Rs 202 crore for the March 2026 quarter, driven by a significant rise in core income. The bank's asset quality saw improvement with decreased non-performing assets. Total income for the fiscal year also showed substantial growth.

CSB Bank, a private sector lender, announced on Monday a 6% year-on-year increase in profit after tax, reaching Rs 202 crore for the quarter ending March 2026. This rise was primarily fueled by enhanced core income, which soared 25% from the previous year, according to the bank's regulatory filing.

The Kerala-based bank's total income climbed to Rs 1,507 crore during Q4FY26, compared to Rs 1,362.36 crore a year earlier. The bank's Net Interest Income (NII) served as a key driver for this growth. Improved asset quality was another highlight, with Gross Non-Performing Assets dipping to 1.66% by March 31, 2026, and Net NPA decreasing to 0.40%.

Throughout FY26, CSB Bank's profits rose by 7% year-on-year, totaling Rs 633 crore, while the total income surged 24% to Rs 5,682 crore. In the stock market, shares of CSB Bank were trading 3% higher at Rs 393 on the BSE during the afternoon session.