Bank of India. The Bank has announced its Q1FY26 results, reporting an increase in Net Profit by 32% YoY at Rs.2,252 crore

 

Q1FY26 RESULTS

 

Balance Sheet:

· Bank’s Global Advances grew by 12.02% with Domestic Advances grew by 11.24% YoY. Bank’s Global Business crossed ₹ 15 Lakh crores.

· Overseas Advances grew by 16.34% YoY.

· Retail Advances grew by 20% YoY, MSME Advances grew by 17% YoY followed by Agriculture Advances which grew by 12% YoY.

· Bank’s Deposits grew by 9.07% YoY with Domestic Deposits grew by 9.62% YoY. CASA Deposits grew by 2.50% YoY and CASA ratio stands at 39.88% as on 30th June, 2025.

 

Profitability:

· Operating Profit for Q1FY26 grew by 9% YoY to Rs.4,009 crores.

· Net Profit for Q1FY26 increased by 32% YoY at ₹2,252 crores.

· Bank’s ROA and ROE for Q1FY26 stand at 0.82% and 13.55% respectively.

· Global and Domestic Net Interest Margin (NIM) for Q1FY26 stood at 2.55% and 2.82% respectively.

· Yield on Advances (Global) for Q1FY26 stood at 8.01% and Cost of Deposits (Global) stood at 4.85% for Q1FY26.

 

Asset Quality:

· Gross NPA ratio at 2.92% improved by 170 bps YoY.

· Net NPA ratio at 0.75% improved by 24 bps YoY.

· PCR improved by 83 bps YoY and stands at 92.94%.

· Slippage Ratio improved by 2 bps YoY and stands at 0.33%.

· Credit Cost improves by 17 bps YoY to 0.68%.

 

Capital Adequacy:

· Capital Adequacy Ratio (CRAR) as at the end of Q1FY26 stands at 17.39%.

 

Alternate Channels:

· 1 Crore plus customers on-boarded so far through Mobile Banking App “BOI Mobile Omni Neo Bank”.

 

· Share of Digital transactions in total transactions increased from ~94.2% in Q1FY25 to ~95.4% in Q1FY26.

 

 

Key Summary of Q1FY26 Results

 

₹ in Crores

Jun-24

Mar-25

Jun-25

YoY %

Balance Sheet

Business Mix

13,64,660

14,82,589

15,06,142

10.37%

Advances (Global)

6,00,264

6,66,047

6,72,444

12.02%

   Overseas

92,095

1,02,497

1,07,147

16.34%

   Domestic

5,08,169

5,63,550

5,65,297

11.24%

       - RAM Advances

2,81,118

3,22,676

3,28,048

16.69%

       - RAM Share (%)

55.32

57.26

58.03

 

Deposits (Global)

7,64,396

8,16,541

8,33,698

9.07%

   Overseas

1,16,479

1,16,243

1,23,421

5.96%

   Domestic

6,47,917

7,00,298

7,10,277

9.62%

       Domestic CASA

2,74,973

2,80,316

2,81,846

2.50%

       CASA Ratio (%)

42.68

40.29

39.88

-280 bps

GNPA

27,716

21,749

19,640

-29.14%

NNPA

5,702

5,358

4,950

-13.19%

 

₹ in Crores

Q1FY25

Q4FY25

Q1FY26

YoY %

Profit & Loss

Interest Income

16,938

18,323

18,352

8.35%

Interest Expenses

10,663

12,260

12,284

15.20%

Net Interest Income

6,275

6,063

6,068

-3.29%

Non-Interest Income

1,302

3,428

2,166

66.37%

Operating Expenses

3,900

4,605

4,224

8.29%

Operating Profit

3,677

4,885

4,009

9.03%

Net Profit

1,703

2,626

2,252

32.27%

NIM, % (Global)

3.07

2.61

2.55

- 52 bps

 

Ratios (%)

Q1FY25

Q4FY25

Q1FY26

YoY (bps)

Asset Quality

GNPA

4.62

3.27

2.92

-170

NNPA

0.99

0.82

0.75

-24

PCR

92.11

92.39

92.94

83

Slippage Ratio

0.35

0.32

0.33

-2

Credit Cost

0.85

0.84

0.68

-17

Capital Ratios

CET-1 ratio

13.62

14.84

14.52

90

Tier-1 ratio

14.29

15.47

15.15

86

CRAR

16.18

17.77

17.39

121