Bank of India Q2 FY27 Results Explained
In Q2 FY27 (July–September 2026), Bank of India reported a net profit of ₹3,202 crore, up 25.3% from a year earlier. Gross NPA was 1.60% of loans (#5 of 12 PSU banks, lowest first) and capital adequacy 17.78%. On BankersClub's PSU Bank Scorecard it ranks #4 of 12 overall this quarter.
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BOI report card, Q2 FY27
Graded against the other 11 public sector banks this quarter.
Key numbers
| Measure | Q2 FY27 | Change vs Q2 FY26 | Rank of 12 | PSU median |
|---|---|---|---|---|
| Business growth (YoY) | 21.5% | – | #3 | 16.6% |
| CASA ratio | – | – | – | 36.8% |
| Net interest margin | – | – | – | 2.97% |
| Cost-to-income | 47.9% | down 508 bps | #7 | 47.9% |
| Return on assets | 1.01% | up 10 bps | #10 | 1.12% |
| Gross NPA | 1.60% | down 94 bps | #5 | 1.69% |
| Net NPA | 0.42% | down 23 bps | #11 | 0.30% |
| Provision coverage (excl. TWO) | 73.9% | down 92 bps | #10 | 82.9% |
| Capital adequacy (CRAR) | 17.78% | up 109 bps | #6 | 17.73% |
| Credit cost | 0.38% | up 12 bps | #5 | 0.55% |
| Business per employee | ₹36.9 crore | – | #3 | ₹34.4 crore |
| Profit per employee | ₹25.1 lakh | – | #7 | ₹25.3 lakh |
Size of the bank
| Figure | Q2 FY27 | Change vs Q2 FY26 | Rank of 12 |
|---|---|---|---|
| Total business | ₹18.83 lakh crore | up 21.5% | #6 |
| Deposits | ₹10.38 lakh crore | up 21.6% | #6 |
| Advances | ₹8.45 lakh crore | up 21.5% | #6 |
| Gross NPA amount | ₹13,648 crore | down 24.2% | #7 |
| Operating profit | ₹5,089 crore | up 33.2% | #7 |
| Net profit | ₹3,202 crore | up 25.3% | #7 |
The quarter at a glance
What went right
- Gross NPA down 94 bps from a year ago to 1.60%, now #5 of 12.
- Net NPA down 23 bps from a year ago to 0.42%, now #11 of 12.
- Cost-to-income down 508 bps from a year ago to 47.9%, now #7 of 12.
What went wrong
- Credit cost up 12 bps from a year ago to 0.38%, now #5 of 12.
- Provision coverage (excl. TWO) down 92 bps from a year ago to 73.9%, now #10 of 12.
Quarter by quarter
| Measure | Q2 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|
| Net profit | ₹2,555 crore | ₹3,068 crore | ₹3,202 crore |
| Operating profit | ₹3,821 crore | ₹5,050 crore | ₹5,089 crore |
| Gross NPA | 2.54% | 1.81% | 1.60% |
| Net NPA | 0.65% | 0.51% | 0.42% |
| Net interest margin | – | – | – |
| Return on assets | 0.91% | 1.01% | 1.01% |
| CASA ratio | – | – | – |
| Capital adequacy (CRAR) | 16.69% | 18.69% | 17.78% |
| Cost-to-income | 53.0% | 46.3% | 47.9% |
Compare with similar-sized banks
- Indian Bank (#3 overall)
- Union Bank of India (#10 overall)
- Central Bank of India (#8 overall)
- Indian Overseas Bank (#2 overall)
Source and method
Standalone figures from Bank of India’s own Q2 FY27 filing (Bank of India reviewed results statement (BSE filing 23.10.2026)), checked against the bank’s reported ratios. Ratios are recalculated the same way for all 12 banks where the filing allows. How the scorecard works. Not investment advice.
Last updated 12 November 2026.
Frequently asked questions
What was Bank of India's net profit in Q2 FY27?
Bank of India reported a standalone net profit of ₹3,202 crore in Q2 FY27 (July–September 2026), up 25.3% from Q2 FY26.
What is Bank of India's gross NPA ratio?
Gross NPA was 1.60% of loans at the end of Q2 FY27, ranking #5 of 12 public sector banks (lowest first). Net NPA was 0.42%.
How does Bank of India rank among public sector banks?
On BankersClub's PSU Bank Scorecard, Bank of India ranks #4 of 12 overall in Q2 FY27, based on growth, return on assets, gross NPA, capital adequacy, CASA ratio and cost-to-income.
Where does this data come from?
From Bank of India's own Q2 FY27 results filing, using standalone figures. Every ratio is recalculated the same way for all 12 public sector banks where the filing allows.