News ArticleCity Union Bank Reports ₹41,591 Lakh Net Profit for Q2 and ₹79,849 Lakh for H1 FY2027
Bank's gross NPA reduces to 1.44% with Basel III Capital Adequacy Ratio at 27.26% for the quarter ended September 30, 2026
City Union Bank Ltd announced its unaudited standalone financial results for Q2 and half year ended September 30, 2026, reporting a net profit of ₹41,591.21 lakh for Q2 FY 2027 and ₹79,848.53 lakh for H1 FY 2027. The bank's gross NPA ratio stood at 1.44% for Q2, and its Basel III Capital Adequacy Ratio was 27.26%. The earnings per share for Q2 were ₹4.20 basic and ₹4.79 diluted.
City Union Bank Limited
Financial Results
City Union Bank Limited released its unaudited standalone financial results for the quarter and half year ended September 30, 2026, reporting a net profit of ₹41,591.21 lakh for Q2 and ₹79,848.53 lakh for H1 FY 2027, along with key asset quality and capital adequacy metrics.
The bank earned total interest income of ₹209,225.22 lakh in Q2 FY 2027, driven mainly by interest on advances and bills amounting to ₹171,297.97 lakh.
Other income for the quarter stood at ₹35,020.88 lakh, contributing to total income of ₹244,246.10 lakh.
Total expenditure excluding provisions and contingencies was ₹178,154.89 lakh, with operating expenses of ₹56,205.89 lakh including employee costs of ₹28,033.13 lakh.
Provisions and contingencies totaled ₹12,000 lakh for the quarter, leading to a profit before tax of ₹54,097.27 lakh.
The bank's gross NPA for Q2 was ₹104,302.01 lakh, representing 1.44% of gross advances, and the net NPA ratio was 0.48%. The Basel III Capital Adequacy Ratio improved to 27.26%.The earnings per share (EPS) for Q2 were ₹4.20 basic and ₹4.79 diluted, both not annualized.
Highlights
- Net profit for Q2 FY 2027: ₹41,591.21 lakh
- Net profit for H1 FY 2027: ₹79,848.53 lakh
- Gross NPA ratio for Q2 FY 2027: 1.44%
- Net NPA ratio for Q2 FY 2027: 0.48%
- Basel III Capital Adequacy Ratio for Q2 FY 2027: 27.26%
- Basic EPS for Q2 FY 2027: ₹4.20 (not annualised)
Key Data Snapshot
What happened
- City Union Bank approved its standalone unaudited financial results for the quarter and half year ended September 30, 2026.
- The board meeting to approve the results was held on October 28, 2026.
- The results include detailed income, expenditure, provisioning, and profit figures relevant to Q2 and H1 FY 2027.
Key details
- Total interest earned in Q2 was ₹209,225.22 lakh.
- Other income for Q2 stood at ₹35,020.88 lakh.
- Total income for Q2 was ₹244,246.10 lakh.
- Operating expenses for Q2 totaled ₹56,205.89 lakh, with employee costs of ₹28,033.13 lakh.
- Provisions and contingencies were ₹12,000 lakh for Q2.
- Profit before tax for Q2 stood at ₹54,097.27 lakh.
- Tax expense for Q2 was ₹12,500 lakh, resulting in a net profit of ₹41,591.21 lakh.
- Gross and net NPA ratios improved compared to previous periods, with Basel III Capital Adequacy Ratio at 27.26%.
Regulatory and governance context
- Results prepared under Accounting Standard 25 and RBI guidelines.
- Limited review conducted by two independent Chartered Accountants firms with no material misstatement observed.
Highlights
- Net profit for Q2 FY 2027: ₹41,591.21 lakh
- Net profit for H1 FY 2027: ₹79,848.53 lakh
- Gross NPA ratio for Q2 FY 2027: 1.44%
- Net NPA ratio for Q2 FY 2027: 0.48%
- Basel III Capital Adequacy Ratio for Q2 FY 2027: 27.26%
- Basic EPS for Q2 FY 2027: ₹4.20 (not annualised)
Disclosures
- SEBI Listing Regulations 2015 (Regulation 33 and 47)
- Accounting Standard 25 (Interim Financial Reporting)
- Banking Regulation Act 1949
- Reserve Bank of India (RBI) Guidelines
- Basel III Capital Regulations
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