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

Notable points:

 

1) Net Profit for Q1FY26 increased by 32% YoY at Rs.2,252 crores

2) Bank's ROA and ROE for Q1FY26 stand at 0.82% and 13.55% respectively

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

4) Gross NPA ratio at 2.92% improved by 170 bps YoY

5) Net NPA ratio at 0.75% improved by 24 bps YoY

 

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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 30^th 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