Upcoming IPOs: Milky Mist Dairy Food, Dhoot Transmission, Molbio Diagnostics & 5 Others Set to Open Next Week; 8 Listings Scheduled

The Indian primary market is gearing up for a busy week ahead. Multiple mainboard and SME issues are scheduled to open for subscription between August 10 and 14, 2026, while several companies are expected to make their stock market debut. Here is a complete look at the key IPOs opening next week and the listings lined up. Mainboard IPOs Opening Next Week 1. Dhoot Transmission The largest issue of the week, Dhoot Transmission aims to raise approximately ₹3,067 crore. The price band is set at ₹829–871 per share. Bidding opens on August 10 and closes on August 12. The issue includes a fresh component of ₹1,400 crore and an offer for sale of about ₹1,667 crore. Minimum lot size is 17 shares (around ₹14,807 at the upper end). Listing is tentatively scheduled for August 17. 2. Molbio Diagnostics Molbio Diagnostics will open on August 10 and close on August 12. The issue size is around ₹940 crore (₹200 crore fresh issue + ₹740 crore OFS). Price band: ₹768–807. Lot size is 18 shares (mi...
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Central Bank of India Q3 FY26 Results: Net Profit Surges 32% YoY to ₹1,263 Crore as Asset Quality Improves Significantly

 

Central Bank of India, a leading public sector bank, has delivered a strong performance in the third quarter of FY26 (ended December 31, 2025). The bank reported a 32% year-on-year (YoY) jump in standalone net profit to ₹1,263 crore, up from ₹959 crore in the same quarter last year. This impressive growth was primarily driven by a sharp reduction in bad loans, higher total income, and effective risk management.

Key Financial Highlights from Q3 FY26

The bank's total income rose robustly to ₹10,969 crore in Q3 FY26, compared to ₹9,739 crore in Q3 FY25 — marking a healthy 12.6% increase. Interest income contributed significantly, climbing to ₹9,033 crore from ₹8,509 crore YoY.

While net interest income (NII) saw a marginal dip of about 1% to ₹3,502 crore (from ₹3,540 crore), the profit boost came from strong other income growth and lower provisioning needs due to improved asset quality.

Operating profit also showed solid momentum, rising 16.8% to ₹2,292 crore.

Major Improvement in Asset Quality

One of the standout achievements was the continued cleanup of the balance sheet:

  • Gross NPA ratio improved to 2.70% (from 3.86% YoY)
  • Net NPA ratio declined to 0.45% (from 0.59% YoY)

This reflects the bank's focused efforts on recovery, better credit underwriting, and resolution of stressed assets — a positive sign for long-term stability in the public sector banking space.

The provision coverage ratio (PCR) strengthened further to 96.69%, indicating strong buffers against potential risks.

Business Growth and Other Developments

Central Bank of India continued its expansion, with total business growing notably. Deposits and advances showed healthy traction, supporting overall revenue momentum.

Additionally, the Board approved an interim dividend of ₹0.20 per share (2%), rewarding shareholders amid the strong quarterly performance.

Why This Matters for Investors and the Banking Sector

Central Bank of India's Q3 FY26 results highlight the ongoing turnaround story in India's public sector banks. With consistent profit growth, declining NPAs, and healthy capital adequacy (Basel III CRAR at ~16.13%), the bank is well-positioned to capitalize on India's economic growth.

The marginal slip in NII is common in a competitive rate environment but was more than offset by other income streams and asset quality gains.

Overall, these numbers reinforce confidence in Central Bank of India's strategic direction and operational efficiency.

Stay tuned for more updates on PSU banks' performance as the earnings season progresses! If you're an investor in banking stocks, this quarter's results from Central Bank of India could be a key indicator of sector resilience.

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