StockWatch
·
Public Sector Bank
Quarterly Result23 Oct 2026, 05:10 pm

Bank of India Q2 FY27 Net Profit Up 25.34% to ₹3,202 Cr

AI Summary

Bank of India reported its unaudited financial results for the second quarter and half-year ended September 30, 2026. For Q2 FY27, the bank's global business grew by 21.13% YoY to ₹18,92,601 Crore. Net Profit saw a significant increase of 25.34% YoY, reaching ₹3,202 Crore, while Operating Profit rose by 33.19% YoY to ₹5,089 Crore. Key ratios also improved, with Cost to Income Ratio (CIR) improving by 507 bps YoY to 47.95% and Gross NPA ratio improving by 94 bps YoY to 1.60%. Net Interest Margin (NIM) improved by 6 bps YoY to 2.47%. For the half-year ended H1 FY27, Net Profit improved by 30% YoY to ₹6,270 Crore.

Key Highlights

  • Global Business grew 21.13% YoY to ₹18,92,601 Cr.
  • Net Profit increased 25.34% YoY to ₹3,202 Cr in Q2 FY27.
  • Operating Profit rose 33.19% YoY to ₹5,089 Cr.
  • Cost to Income Ratio improved by 507 bps YoY to 47.95%.
  • Gross NPA ratio improved by 94 bps YoY to 1.60%.