Bank of India Q2 FY27 standalone net profit rises 25% to ₹3,202 crore

Bank of India's net profit for the quarter to 30 September 2026 (Q2 FY27) was ₹3,202 crore, up 25.34% from ₹2,555 crore in Q2 FY26, according to the bank's press release filed with the NSE and BSE on 23 October 2026. That matches the standalone line in the results filing, ₹3,202.38 crore against ₹2,554.57 crore in Q2 FY26, figures that give a rise of 25.36% rather than the release's 25.34%. Operating profit rose 33.19% year on year to ₹5,089 crore from ₹3,821 crore. Net interest income (NII) grew 18.52% to ₹7,007 crore from ₹5,912 crore, and non-interest income rose 24.78% to ₹2,770 crore from ₹2,220 crore, both against Q2 FY26.

Global deposits rose 21.59% year on year to ₹10,37,530 crore at 30 September 2026, from ₹8,53,301 crore at 30 September 2025, and global advances increased 20.58% to ₹8,55,071 crore from ₹7,09,145 crore. Domestic deposits grew 23.29% to ₹9,00,129 crore, while domestic CASA rose 7.17% to ₹3,07,031 crore, and the release puts the CASA ratio at 34.16% without stating the deposit base for that ratio.

Gross NPAs fell 24.24% year on year to ₹13,648 crore and net NPAs 21.47% to ₹3,557 crore, the release said. The bank put its Q2 FY27 slippage ratio at 0.15% and credit cost at 0.12%.

In the standalone results, provisions for non-performing assets were ₹1,010.12 crore in Q2 FY27, against ₹472.41 crore in Q2 FY26 and ₹1,144.11 crore in Q1 FY27. Total provisions (other than tax) and contingencies, of which the NPA provision is part, were ₹797.43 crore, against ₹441.24 crore in Q2 FY26; the total is lower than the NPA line because the other provision items in it came to a net negative ₹212.69 crore in the quarter.

Consolidated results, which cover four domestic and four overseas subsidiaries, a joint venture and four associates, show Q2 FY27 net profit of ₹3,308.82 crore, against ₹2,576.69 crore in Q2 FY26. For the half year to 30 September 2026 (H1 FY27), standalone net profit rose 30% year on year to ₹6,270 crore from ₹4,807 crore, according to the press release. Consolidated H1 FY27 net profit was ₹6,611.40 crore, against ₹4,406.25 crore in H1 FY26. The Statutory Central Auditors reviewed both sets of results, and the board approved them on 23 October 2026.