Bank of India Reports 15% Year-on-Year Profit Growth in Q4 FY26
Bank of India Q4 PAT climbs 15% YoY to Rs 3,016 cr
Business Standard
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Bank of India has announced a 14.85% increase in its standalone net profit to ₹3,016 crore for Q4 FY26, driven by a 4.3% rise in total income. The bank's gross non-performing assets (NPAs) improved to 1.98%, reflecting better asset quality.
- 01Standalone net profit increased by 14.85% to ₹3,016 crore.
- 02Total income rose by 4.3% to ₹22,685 crore.
- 03Gross NPAs decreased to 1.98% from 3.27% year-on-year.
- 04The bank's capital adequacy ratio (CAR) stood at 18.1%.
- 05A dividend of ₹4.65 per equity share has been proposed.
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Bank of India reported a 14.85% year-on-year increase in standalone net profit, reaching ₹3,016 crore for the fourth quarter of FY26, compared to ₹2,621 crore in the same quarter last year. The total income also rose by 4.3% to ₹22,685 crore. Net interest income (NII) saw an increase of 11.01%, amounting to ₹6,730 crore. The bank's gross non-performing assets (NPAs) improved significantly, declining to 1.98% from 3.27% a year earlier, while net NPAs fell to 0.56% from 0.82%. The provision coverage ratio (PCR) was reported at 93.57%, and the capital adequacy ratio (CAR) stood at 18.1%. Additionally, the bank's board has recommended a dividend of ₹4.65 per equity share for the fiscal year 2025-26, with a record date set for May 29, 2026. The Government of India holds a 73.38% stake in the bank as of March 31, 2026.
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The improved financial performance and lower NPAs may lead to better loan offerings and interest rates for customers. The proposed dividend also indicates financial health, potentially benefiting shareholders.
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