https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

Results: Bank of India Q2 Net Profit Up 7.6% to ₹2,554 Crore as Asset Quality Strengthens

Total income climbs to ₹20,626 crore; Gross NPAs fall to 2.54% with sharp drop in provisioning boosting profitability
Indian Masterminds Stories

New Delhi: Bank of India (BoI), a leading public sector lender, reported a 7.6 percent year-on-year increase in net profit to ₹2,554 crore for the quarter ended September 30, 2025 (Q2 FY26), supported by higher income and a significant improvement in asset quality. The bank had posted a net profit of ₹2,374 crore in the same quarter last year.

Total Income Grows on Strong Operating Performance

BoI’s total income rose to ₹20,626 crore during the September quarter, up from ₹19,872 crore in the corresponding period of FY25. The performance reflects steady business growth across the bank’s lending and investment portfolios.

Read also: Bank of India and BSF Ink MoU to Boost Rakshak Salary Package Benefits for Armed Forces Personnel

Asset Quality Sees Strong Improvement

The bank reported a sharp decline in gross non-performing assets (GNPA) to 2.54 percent of advances in Q2 FY26, compared to 4.41 percent a year earlier. Net NPAs also showed improvement, reflecting the bank’s effective recovery and resolution strategies.

Provisioning for NPAs during the quarter dropped significantly to ₹472 crore, down from ₹1,427 crore in Q2 FY25, further strengthening the bank’s balance sheet.

Market Reaction and Outlook

Shares of Bank of India closed at ₹123.3 per share, down 1.67 percent over the previous close on the BSE. Analysts noted that despite the minor dip in share price, the lender’s improving asset quality and profitability indicate strong fundamentals.

About Bank of India

Founded in 1906, Bank of India is one of India’s leading public sector banks with a vast domestic and international presence. Headquartered in Mumbai, the bank provides a comprehensive range of financial products and services, including retail banking, corporate banking, and treasury operations. BoI continues to focus on strengthening its digital banking ecosystem, improving asset quality, and expanding its lending portfolio to sustain long-term growth.

Read also: Bank of India Extends Tenure of Two Executive Directors: P R Rajagopal and Subrat Kumar


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
Bank of India - BOI
Results: Bank of India Q2 Net Profit Up 7.6% to ₹2,554 Crore as Asset Quality Strengthens
IPS Puran Kumar Suicide Case
Postmortem Reveals Ruptured Organs in Haryana IPS Y. Puran Kumar’s Death; Chandigarh Court Orders Laptop Handover to SIT in Ongoing Suicide Case
retirement
Union Government Compulsorily Retires Senior Railway Engineer After UPSC Nod | Date of Birth Discrepancy Sparked Long Legal Battle
REC Limited
Result: REC Declares ₹4.60/Share as 2nd Interim Dividend After Highest-Ever H1 PAT of ₹8,877 Cr in FY26
Mumbai Railway Vikas Corporation Limited (MRVCL)
PESB Recommends Manish Pradhan as Director (Technical) of Mumbai Railway Vikas Corporation Limited
CCL Mine Rescue Competition 2025
CCL Hosts 39th Zonal Mine Rescue Competition 2025 Showcasing Excellence in Mine Safety
SJVN_Director_Personnel_inaugurated_
SJVN Unveils ₹36 Lakh Development and Green Initiatives at NJHPS Project Area in Himachal Pradesh
IRAS
Who Is Shalini Darbari, IRAS Officer Appointed as Additional Member (Finance) in Indian Railways Board? | Western Railway’s PFA Elevated
ADVERTISEMENT
ADVERTISEMENT
Videos
WhatsApp Image 2025-10-16 at 15.16
The Many Facets of Former IRS Officer and Author, Giselle Mehta | Video Interview
IDES Saquib Alam
Beyond IAS and IPS: The Inspiring Work of an IDES officer | Video Interview 
IDES Saquib Alam
UPSC Strategy & Mindset Tips from IDES Officer Saquib Alam | Video Interview 
ADVERTISEMENT
UPSC Stories
Kushal Chaudhary RAS
From Lab Assistant’s Grit to Rajasthan Topper: How Kushal Chaudhary Topped RAS 2023 with Self-Study | Preparation, Strategy & Interview
Kushal Chaudhary, a farmer’s son and lab assistant from Ajmer, topped RAS 2023 through self-study, overcoming...
Ruchi Jat MPPSC
She Worked in Fields, Danced Ghoomar - Now She’ll Govern Districts: Ruchi Jat Cracks MPPSC 2024 with Rank 6, Becomes Deputy Collector
From a farmer's daughter in Pipalkhunta to securing 6th rank in MPPSC 2024, Ruchi Jat's inspiring journey...
VikramDeo Saryam MPPSC
He Couldn't Pay Engineering Fees, Now He’s a Deputy Collector: Meet Vikram Deo, Farmer’s Son Who Cracked MPPSC with Sheer Willpower
Vikram, a farmer’s son from Ramgovindpur, overcame financial hardships and years of setbacks to secure...
Social Media
IFS Parveen Kaswan
Heartbreak by the River: 15-Day-Old Elephant Calf Rejected by Mother, Rescued by IFS Parveen Kaswan and His Team
Jaldapra, West Bengal: In a moving incident that tugs at the heart, a 15-day-old elephant calf was rescued...
Ashwini Bhide IAS and Anand Mahindra
Who Is IAS Ashwini Bhide, Hailed as a Role Model for Mumbai Metro Transformation by Anand Mahindra?
From heritage to high-tech: Bhide’s leadership in Metro Line 3 earns public praise and admiration
World Rhino Day India
On World Rhino Day, IFS Officer Parveen Kaswan Shares Rare Insights - India Now Hosts 80% of the World’s One-Horned Rhinos
September 22 Marks Global Call for Rhino Conservation; India Holds 80% of World’s Greater One-Horned...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
Bank of India - BOI
Results: Bank of India Q2 Net Profit Up 7.6% to ₹2,554 Crore as Asset Quality Strengthens
IPS Puran Kumar Suicide Case
Postmortem Reveals Ruptured Organs in Haryana IPS Y. Puran Kumar’s Death; Chandigarh Court Orders Laptop Handover to SIT in Ongoing Suicide Case
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
WhatsApp Image 2025-10-16 at 15.16
IDES Saquib Alam
IDES Saquib Alam
ADVERTISEMENT
ADVERTISEMENT