Bank of India (BOI) has announced its financial results for the third quarter of fiscal year 2026, reporting a net profit of ₹2,704.67 crore. The bank’s total income stood at ₹21,205.95 crore. While the bank showcased a strong operating profit, there was also some increase in provisions for non-performing assets. This announcement was made following a board meeting held on January 21, 2026.
Q3 2026 Financial Performance
Bank of India (BOI) reported a net profit of ₹2,704.67 crore for the third quarter (Q3) ended December 31, 2025. This figure reflects the bank’s performance during the October-December period of the financial year.
Key Financial Metrics
Here are some of the key financial figures from the announcement:
- Total Income: ₹21,205.95 crore
- Interest Earned: ₹18,927.13 crore
- Other Income: ₹2,278.82 crore
- Total Expenses: ₹17,013.16 crore
Asset Quality
The bank’s asset quality is an important factor in assessing its financial health. The Gross Non-Performing Assets (NPAs) were ₹16,714.40 crore. Net Non-Performing Assets amounted to ₹4,359.25 crore.
Capital Adequacy
The Capital Adequacy Ratio (Basel III) was reported at 17.09%, indicating a strong capital buffer.
Additional Details
During Q3 2026, the bank redeemed Basel III compliant Tier II Bonds totaling ₹3,000 crore and issued new bonds of ₹12,500 crore (Tier II Bonds: ₹2,500 crore and Infrastructure Bonds: ₹10,000 crore). As of December 31, 2025, the bank held additional provisions of ₹1,261.17 crore for stressed assets.
Source: BSE
