Bank of India Q1 FY27 Results: Net Profit ₹3,303 Cr, Up 80.5% YoY
Bank of India reported revenue from operations of ₹20,097 Cr (+8.8% YoY) and net profit of ₹3,303 Cr (+80.5% YoY) for Q1 FY27.
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- Net profit ₹3,303 Cr · +80.5% YoY
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Bank of India reported revenue from operations of ₹20,097 Cr (+8.8% YoY) and net profit of ₹3,303 Cr (+80.5% YoY) for Q1 FY27.
Bank of India has scheduled a Board Meeting for July 24, 2026. The meeting will consider and approve the unaudited financial results for Q1 ended June 30, 2026.
ICRA assigned a [ICRA]AA+ (Stable) issuer rating to Bank of India. It also reaffirmed the [ICRA]AA+ rating for Rs. 2,500 crore Basel III bonds.
India Ratings assigned a new 'IND AA+/Stable' issuer rating to Bank of India. Existing Tier 2 and Infrastructure bonds totaling Rs. 17,500 Crore were reaffirmed at 'AA+'.
Reserve Bank of India imposed a Rs. 0.04 Crore penalty on Bank of India. The fine relates to note deficiencies at its Nagpur Currency Chest.
Bank of India filed its shareholding pattern for the quarter ending 30 June 2026, detailing holdings across promoters, institutions and public. No material transaction or financial event disclosed.
Bank of India posted a provisional Business of Rs.15,06,142 Crore for Q1 FY27. The results reflect 16.58% YoY growth.
Bank of India held its 30th AGM on June 15, 2026, passing all three ordinary resolutions. The meeting approved financial statements, a Rs.4.65 dividend, and an executive director appointment.
Bank of India elevated Shri Vikash Krishna to Chief General Manager effective June 01, 2026. This senior management promotion strengthens the bank's internal leadership structure.
Bank of India announced revised MCLR rates and Fixed Rate Spreads effective from June 01, 2026. These rate adjustments directly impact the bank's lending yields and margins.
Bank of India submitted its annual secretarial compliance report for FY 2025-26. The report confirms overall regulatory adherence despite minor non-compliances regarding board composition.
Bank of India released its Business Responsibility and Sustainability Report for FY 2025-26. The report details the bank's ESG performance and sustainability initiatives.
Bank of India released its FY 2025-26 Annual Report, declaring a ₹10,527 Crore net profit. This comprehensive disclosure details operational performance and future strategic initiatives.
Bank of India is convening its 30th Annual General Meeting on June 15, 2026. Shareholders will consider a dividend of Rs. 4.65 per equity share.
Bank of India reported a strong FY26 with Net Profit rising 14% YoY to ₹10,527 crore. Strategy focuses on RAM book expansion (target 62%) and improving domestic NIM towards 3%.