Bank of India reported a consolidated net profit of ₹27.05 billion for Q3 FY26, supported by strong interest earnings of ₹189.27 billion. Domestic Net Interest Margin stood at 2.80%, while gross NPAs were contained at 2.26%. Provisions for NPAs and contingencies totaled over ₹11.8 billion during the quarter.
Bank of India has announced its Q3 FY26 financial results, showcasing resilience in profitability and asset quality. The bank posted a net profit of ₹27.05 billion, driven by robust interest income and prudent provisioning.
Interest earned during the quarter stood at ₹189.27 billion, reflecting healthy lending activity. The bank’s Domestic Net Interest Margin (NIM) was reported at 2.80%, indicating stable efficiency in core operations.
On the asset quality front, gross NPAs were contained at 2.26%, underscoring improved credit discipline. Provisions for non-performing assets (NPAs) amounted to ₹6.05 billion, while overall provisions and contingencies stood at ₹5.76 billion, highlighting the bank’s cautious approach to risk management.
Key Highlights
-
Net Profit: ₹27.05 billion in Q3 FY26
-
Interest Earned: ₹189.27 billion
-
Domestic NIM: 2.80%
-
Gross NPA: 2.26%
-
Provisions: ₹6.05 billion for NPAs; ₹5.76 billion for contingencies
-
Outlook: Stable profitability with disciplined asset quality management
The results reflect Bank of India’s balanced strategy of maintaining profitability while safeguarding against credit risks, positioning it strongly in India’s banking sector.
Sources: BSE Filings, Business Standard, Moneycontrol