Bank of India Reports Strong Q2 FY26 with ₹25.55 Billion Net Profit and Improved Asset Quality

Bank of India Q2 FY26 Financial Performance Overview

Bank of India posted strong financial results for the second quarter of FY26, underscoring operational strength and enhanced asset quality. The bank earned ₹184.06 billion in interest income, generating a consolidated net profit after tax (PAT) of ₹25.55 billion.

Provisions for Non-Performing Assets (NPA) stood at ₹4.72 billion, while total provisions and contingencies were ₹4.41 billion, significantly lower than previous periods, reflecting an improvement in asset risk metrics. The gross NPA ratio declined to 2.54%, evidencing effective recovery and credit discipline.

Notable Updates

Interest income: ₹184.06 billion in Q2, a key revenue driver supporting profitability.

Net profit: ₹25.55 billion, reflecting a 7.6% year-on-year growth, showcasing earnings resilience.

Provisions: NPA provisions at ₹4.72 billion; total provisions and contingencies at ₹4.41 billion, indicating prudent risk management.

Asset quality: Gross NPA ratio improved to 2.54%, a marked enhancement over prior periods.

Loan growth: Continued robust advances helping sustain income and fee generation.

Major Takeaways

Improved asset quality helps reduce provisioning burden and supports profit growth.

Strong net interest income reinforces the bank’s core lending strength and market presence.

Effective risk controls and disciplined credit appraisal evidenced by declining NPAs and lower provisions.

Sustainable profitability as growth in key business lines balances credit costs and operational expenses.

Positive outlook driven by stable credit demand and ongoing recovery in stressed asset segments.

Bank of India’s Q2 FY26 results reflect a stable financial trajectory backed by strong income metrics and enhanced asset quality, positioning it for sustainable performance in the ongoing fiscal year.

Source: PTI, Business Standard, TheKanal.in, Money Rediff, BSE disclosures