Bank of India Q1 FY27 Net Profit Rises to ₹306.79 Crore
Bank of India reported Q1 FY27 standalone net profit of ₹306.79 crore, up from ₹225.21 crore YoY. Consolidated net profit was ₹330.26 crore, up from ₹182.96 crore. Total income stood at ₹22,52,847 lakh (standalone). Net NPAs improved to 0.51% (standalone).
The substantial year-on-year growth in profitability and improvement in key financial metrics like NPAs are material positive developments for the bank.
The bank reported a significant increase in net profit for both standalone and consolidated results compared to the previous year, along with an improvement in asset quality (NPA ratios).
Bank of India announced its unaudited reviewed financial results for the first quarter ended June 30, 2026. The bank reported a standalone net profit of ₹306.79 crore, a significant increase compared to ₹225.21 crore in the same quarter last year. The consolidated net profit also saw a rise to ₹330.26 crore from ₹182.96 crore in the corresponding quarter of the previous year.
Total income for the quarter stood at ₹22,52,847 lakh on a standalone basis and ₹22,71,228 lakh on a consolidated basis. Interest earned was ₹19,94,932 lakh (standalone) and ₹20,09,690 lakh (consolidated). Operating expenses were managed effectively, contributing to the improved profitability. The bank's Capital Adequacy Ratio (Basel III) stood at 18.69% standalone and 19.28% consolidated as of June 30, 2026.
The bank's Net Non-Performing Assets (NPAs) improved to 0.51% standalone and 0.56% consolidated, down from 0.75% and 0.56% respectively in the previous year. Earnings per share (EPS) was ₹6.74 on a basic and diluted basis for the standalone results and ₹7.25 for the consolidated results.
During the quarter, the bank infused additional capital of ₹2.64 crore in ASREC (India) Ltd., increasing its shareholding to 27.30%. Additionally, ₹1394.59 crore was transferred from Investment Fluctuation Reserve (IFR) to General Reserve. The financial results were reviewed by the Audit Committee and approved by the Board of Directors on July 24, 2026.
What to do with a filing like this
Bank of India filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Bank of India. Read the original for the full detail.