Bank of India Q1 FY27 Results: Net Profit Rises to ₹306.79 Cr Standalone, ₹330.26 Cr Consolidated
Bank of India reported its Q1 FY27 results with a standalone net profit of ₹306.79 crore, up from ₹225.21 crore YoY. Consolidated net profit rose to ₹330.26 crore from ₹182.96 crore. Total income was ₹22,52,847 lakh standalone and ₹22,71,228 lakh consolidated.
The substantial year-on-year growth in net profit and other key financial metrics positively impacts investor confidence and the company's financial standing.
The bank has reported a significant increase in both standalone and consolidated net profit, indicating strong financial performance.
Bank of India has announced its unaudited financial results for the first quarter ended June 30, 2026. The Board of Directors approved the standalone and consolidated financial results during their meeting held on July 24, 2026.
For the quarter ended June 30, 2026, the Bank reported a standalone net profit of ₹306.79 crore, a significant increase from ₹225.21 crore in the same quarter of the previous year. Consolidated net profit also saw a rise, reaching ₹330.26 crore compared to ₹182.96 crore in the corresponding period last 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, while interest expended was ₹13,11,678 lakh standalone and ₹13,15,584 lakh consolidated.
The bank's Capital Adequacy Ratio (Basel III) was reported at 18.69% standalone and 19.28% consolidated. Basic Earnings Per Share (EPS) for the standalone results was ₹6.74, and for consolidated results was ₹7.25.
The financial results are also available on the Bank's website at www.bankofindia.bank.in.
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