Bank of India Q2 Profit Rises 7.6% to Rs 2,554 Cr
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Bank of India (BoI) reports a 7.6% increase in Q2 net profit, reaching Rs 2,554 crore. Gross NPA improves to 2.54%. Details here.
Photograph: Ajay Verma/Reuters
Mumbai, Oct 17 (PTI) State-owned Bank of India (BoI) on Friday reported a 7.6 per cent rise in net profit to Rs 2,554 crore in the September quarter of FY26.
The bank posted a net profit of Rs 2,374 crore in the July-September quarter a year ago.
Total income rose to Rs 20,626 crore during the September quarter of FY26, from Rs 19,872 crore in the year-ago period.
Gross non-performing assets (NPA) of BoI improved to 2.54 per cent of advances in Q2 compared to 4.41 per cent in Q2 of FY25.
Provisioning for non-performing assets during the quarter under review was Rs 472 crore as against Rs 1,427 crore in Q2 of FY25.
Shares of BoI settled at Rs 123.3 apiece, down 1.67 per cent over the previous close on the BSE.
The bank posted a net profit of Rs 2,374 crore in the July-September quarter a year ago.
Total income rose to Rs 20,626 crore during the September quarter of FY26, from Rs 19,872 crore in the year-ago period.
Gross non-performing assets (NPA) of BoI improved to 2.54 per cent of advances in Q2 compared to 4.41 per cent in Q2 of FY25.
Provisioning for non-performing assets during the quarter under review was Rs 472 crore as against Rs 1,427 crore in Q2 of FY25.
Shares of BoI settled at Rs 123.3 apiece, down 1.67 per cent over the previous close on the BSE.
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