Bank of India Reports Q3FY26 Financial Results with 13% Profit Growth
Filing Summary
Bank of India released its unaudited financial results for Q3FY26, reporting a 13% year-over-year increase in operating profit, reaching ₹4,193 crores. The bank’s global advances grew by 13.63%, with domestic advances increasing by 15.16%. Net profit for the quarter rose by 7% to ₹2,705 crores. The bank’s gross NPA ratio improved to 2.26%, and the capital adequacy ratio stood at 17.09%. The results highlight growth in retail, agriculture, and MSME advances, alongside improved asset quality and capital ratios.
Bank of India has announced its unaudited financial results for the third quarter ending December 31, 2025. The bank reported a 13% year-over-year increase in operating profit, which stood at ₹4,193 crores. Net profit for the quarter increased by 7% to ₹2,705 crores. The bank’s global business surpassed ₹16 lakh crores, with global advances growing by 13.63% year-over-year.
The bank’s financial performance for Q3FY26 showed a net interest income of ₹6,461 crores, reflecting a 6.43% increase from the previous year. Non-interest income for the quarter grew by 30% year-over-year, reaching ₹2,279 crores. The net interest margin (NIM) for domestic operations improved to 2.80%, while the global NIM stood at 2.57%. The bank’s return on assets (ROA) and return on equity (ROE) for the quarter were 0.96% and 15.34%, respectively.
In terms of operational performance, the bank’s domestic advances grew by 15.16% year-over-year, with retail advances increasing by 20.64%. Agriculture advances grew by 16.69%, and MSME advances rose by 15.77%. The share of retail, agriculture, and MSME (RAM) advances in total advances increased to 58.54%. The bank’s global deposits grew by 11.64%, with domestic deposits increasing by 12.80%. The CASA deposit grew by 4.48%, and the CASA ratio was 37.97% as of December 31, 2025.
The bank’s asset quality improved, with the gross NPA ratio decreasing to 2.26%, a 143 basis point improvement year-over-year. The net NPA ratio improved by 25 basis points to 0.60%. The provision coverage ratio (PCR) increased by 112 basis points to 93.60%. The slippage ratio for the quarter was 0.16%, and the credit cost improved to 0.34%.
The bank’s capital adequacy ratio as of December 31, 2025, stood at 17.09%. The Common Equity Tier 1 (CET-1) ratio was 13.76%, and the Tier-1 ratio was 14.36%. The bank added over 7 lakh customers to its UPI platform during the quarter, bringing the total number of UPI customers to over 242 lakh. The share of alternate channels in total transactions increased to approximately 96%.
Bank of India is a leading public sector bank in India, focusing on expanding its retail, agriculture, and MSME lending. The bank is committed to enhancing its digital banking capabilities and improving asset quality. It continues to strengthen its capital base and improve operational efficiency to support sustainable growth.