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.
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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.
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