Bank of India Earnings Summary — Q1 FY2027
Bank of India Reports 36% YoY Net Profit Growth in Q1 FY27 Amid Improving Asset Quality
Quarterly Business Intelligence
AI Quarterly Scorecard™
Computed deterministically from the last 10 reported quarters.
Quarterly Business Momentum
- Revenue has increased for 5 consecutive quarters.
- Revenue of ₹20,097 Cr is 8.8% higher year-on-year.
- Revenue has compounded at 9.9% annualised over the last 10 quarters.
- Revenue is at its highest level in 10 quarters.
- Net profit has reached its highest level in 10 quarters.
- Net profit of ₹3,303 Cr is 80.5% above the same quarter last year.
- Profit growth is outpacing revenue growth, pointing to positive operating leverage.
- Net profit has compounded at 39.0% annualised across the period.
- Operating margin stands at 73.2% in Q1 FY2027.
- Operating margin expanded by 242 bps year-on-year.
- Over the last two years operating margin has expanded by 409 bps.
- PBT margin is 20.7%.
- Expense growth of -0.2% remained below revenue growth of 8.8%.
- Operating profit of ₹14,707 Cr is 12.5% higher year-on-year.
- Operating leverage continues to improve.
- 6 of the last 6 measured quarters delivered year-on-year revenue growth.
- Overall quarterly business momentum scores 81/100 (Strong) on the latest 10 quarters.
- Business momentum remains positive heading into the next quarter.
Quarterly Financials
Last 10 Reported Quarters • All figures in ₹ Crore • Margins in %
| Metric | Trend | Latest Q1 FY2027 | Q4 FY2026 | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 | Q4 FY2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | Stable | 20,097 | 19,573 | 19,052 | 18,521 | 18,467 | 18,479 | 18,317 | 17,466 | 17,046 | 16,250 |
| Expenses | Stable | 5,390 | 5,989 | 5,201 | 4,849 | 5,399 | 6,050 | 4,485 | 5,456 | 5,269 | 6,041 |
| Operating Profit | Improving | 14,707 | 13,584 | 13,850 | 13,672 | 13,068 | 12,429 | 13,832 | 12,009 | 11,777 | 10,209 |
| Operating Margin | Stable | 73.2% | 69.4% | 72.7% | 73.8% | 70.8% | 67.3% | 75.5% | 68.8% | 69.1% | 62.8% |
| Other Income | Volatile | 2,615 | 3,280 | 2,327 | 2,218 | 1,692 | 3,455 | 1,780 | 2,532 | 1,338 | 1,830 |
| Interest | Stable | 13,156 | 12,785 | 12,504 | 12,530 | 12,321 | 12,333 | 12,166 | 11,403 | 10,693 | 10,242 |
| Depreciation | Insufficient data | — | — | — | — | — | — | — | — | — | — |
| Profit Before Tax | Improving | 4,167 | 4,079 | 3,674 | 3,361 | 2,439 | 3,551 | 3,447 | 3,138 | 2,422 | 1,797 |
| Tax | Strong Uptrend | 1,028 | 1,030 | 924 | 835 | 675 | 904 | 888 | 740 | 688 | 298 |
| Net Profit | Improving | 3,303 | 3,088 | 2,812 | 2,577 | 1,830 | 2,602 | 2,637 | 2,421 | 1,888 | 1,574 |
| Net Margin | Improving | 16.4% | 15.8% | 14.8% | 13.9% | 9.9% | 14.1% | 14.4% | 13.9% | 11.1% | 9.7% |
Key Takeaways
- Consolidated Net Profit rose 80.5% YoY to ₹3,30,258 Lakh for Q1 FY27.
- Gross NPA ratio improved significantly to 1.81% from 2.92% in the same quarter last year.
- Net NPA ratio reached a healthy 0.51% compared to 0.75% YoY, reflecting strong credit controls.
- Capital Adequacy Ratio (Basel III) remains robust at 18.69% with CET 1 at 15.97%.
- Retail Banking operations contributed the largest share of segment revenue at ₹8,61,573 Lakh.
- Provision Coverage Ratio (PCR) improved to 93.83% as of June 30, 2026.
- Geographical performance shows domestic revenue growth while international revenue saw a minor decline YoY.
Management Guidance
The bank remains focused on its 'total business' growth strategy targeting ₹15.49 lakh Cr by Q3 FY25, with specific emphasis on the RAM (Retail, Agri, MSME) segments to maintain yield and asset quality.
Sentiment Shift
Improving
The bank continues its structural turnaround with significant improvements in asset quality (NPA below 2%) and profit margins compared to previous years.
Outlook
Bank of India is on track to exceed ₹10,000 Cr in annual profit by FY26, supported by a cleanup of the legacy book and stabilized balance sheet metrics.
From the Annual Report (Key Quotes)
“The Bank's Provision Coverage Ratio (including Technical written off accounts) as on June 30, 2026 is 93.83%.”
“Net Segment Revenue reached ₹22,71,228 Lakh for the quarter ended June 30, 2026.”
“During the quarter ended June 30, 2026, the Bank has infused additional capital of ₹22.64 Crore in one of its associate, ASREC (India) Ltd.”
Official Quarterly Documents
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This summary is AI-generated from Bank of India's latest quarterly filing and earnings call. For informational purposes only — not investment advice.