Bank of India shares jump 3% after Q1 net profit surges 32% YoY

Bank of India (BoI) shares jumped 2.85% to their day’s high of Rs 115.35 on the BSE on Wednesday after reporting a net profit surge of 32.27% year-on-year (YoY) to Rs 2,252 crore, compared to Rs 1,703 crore in Q1FY25. A healthy improvement in profitability metrics primarily supported this growth despite marginal pressure on net interest income.

Net Interest Income (NII) for the quarter declined marginally by 3.29% YoY to Rs 6,068 crore from Rs 6,275 crore in the corresponding quarter of the previous fiscal. However, the bank managed to post a 9% YoY increase in operating profit, which rose to Rs 4,009 crore in Q1FY26.

The bank’s deposit base witnessed a steady expansion, registering a 9.07% YoY growth. Domestic deposits were up by 9.62% YoY, while CASA (Current Account Savings Account) deposits rose by 2.50% YoY. As of June 30, 2025, the CASA ratio stood at 39.88%.


BoI’s Return on Assets (ROA) and Return on Equity (ROE) for Q1FY26 stood at 0.82% and 13.55%, respectively. The Global and Domestic Net Interest Margins (NIM) were reported at 2.55% and 2.82%, respectively.

The yield on advances (Global) stood at 8.01%, while the cost of deposits was recorded at 4.85% for the quarter.

The asset quality of the bank witnessed an improvement:

• Gross NPA ratio declined by 170 basis points YoY to 2.92%.
• Net NPA ratio improved by 24 basis points YoY to 0.75%.
• Provision Coverage Ratio (PCR) increased by 83 basis points YoY and stood at 92.94%.
• Slippage ratio improved by 2 basis points YoY and stood at 0.33%.
• Credit cost declined by 17 basis points YoY to 0.68%.

The Capital Adequacy Ratio (CRAR) of Bank of India stood at 17.39% as on June 30, 2025, reflecting a healthy capital position to support future growth.

On Tuesday, Bank of India shares closed flat at Rs 112.15 on the BSE.

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