Bank of India — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Bank of India reported Q1 FY27 net profit of Rs. 3,068 crore, up 36.23% year-on-year, with operating profit rising 25.99% to Rs. 5,051 crore. Global business grew 16.57% YoY to Rs. 17.55 lakh crore, and gross NPA ratio improved by 111 bps to 1.81% while net NPA ratio improved to 0.51%. Management reiterated FY27 guidance of 15-16% global advances growth and 13-14% global deposits growth, and discussed initiatives including FCNR deposit mobilisation, gold loan growth, and personal loan guardrails.
Bank of India reported FY26 net profit of Rs. 10,527 crore, up 14% year-on-year, with operating profit rising 4% to Rs. 17,049 crore. Global business grew 14.57% YoY to Rs. 16.98 lakh crore, driven by deposit growth of 13.56% and gross advances growth of 15.82%, while asset quality improved with Gross NPA at 1.98% and Net NPA at 0.56%. Management gave guidance for FY27 of 15-16% global advances growth and 13-14% global deposit growth, and discussed preparations for RBI's upcoming ECL provisioning framework and the government's ECLGS 5.0 scheme.