Bank of India Q1 FY27 Net Profit Surges 36.23% YoY to ₹3,068 Cr

Bank of India announced its unaudited reviewed financial results for the first quarter ended June 30, 2026. The bank reported a significant 36.23% year-on-year increase in Net Profit, reaching ₹3,068 Crore compared to ₹2,252 Crore in the same quarter last year. Operating Profit also saw a healthy rise of 25.99% YoY to ₹5,051 Crore. Global Business grew by 16.57% YoY to ₹17,55,699 Crore, with Deposits up 14.90% and Advances up 18.64%. Asset quality improved with Gross NPA ratio down to 1.81% and Net NPA ratio at 0.51%. The bank also reported strong growth in RAM Advances and a notable improvement in its Cost to Income Ratio.