Bank of India PAT up 36.2% to ₹3,067.90 crore in Q1FY27

Bank of India (BoI) net profit rose 36.2% to ₹3068 crore on higher net interest income, in the quarter ended June 30 fiscal 2027 as against the same period last fiscal. 

The net interest income (NII) increased 12.6% to ₹6832.5 crore in the reporting quarter as against ₹6068 crore in the year ago period. Net Interest Margin (NIM) dipped slightly to 2.52% in the recently concluded quarter as against 2.55% in the year-ago period.

Gross NPA as a share of Gross advances reduced to 1.81% in Q1FY27 as against 2.92% in the year ago period. Net NPA as a share of Net advances too improved by 24 basis points to 0.51% in the current fiscal as against 0.75% in Q1 of last fiscal. 

The company expects $200 million in FCNR(B) deposits with a target of ₹1.2 billion by September 30 2026.