Bank of India (BANKINDIA) Q1 26/27 earnings summary

Executive summary

• Q1 FY27 saw robust growth with global business up 16.57% YoY, net profit rising 36.23% YoY to ₹3,068 crore, and improved asset quality with Gross NPA at 1.81% and Net NPA at 0.51%.

• Unaudited standalone and consolidated financial results for Q1 FY27 were approved by the Board on July 24, 2026, with auditors issuing an unmodified opinion.

• Digital transformation, ESG initiatives, and operational excellence were key focus areas.

Financial highlights

• Global business reached ₹17.55 lakh crore, global deposits ₹9.58 lakh crore, and global advances ₹7.98 lakh crore.

• Net Interest Income rose 12.61% YoY to ₹6,833 crore; Non-Interest Income up 19.07% YoY to ₹2,579 crore.

• Operating profit up 25.99% YoY to ₹5,051 crore; net profit up 36.23% YoY.

• Standalone total income for Q1 FY27 was ₹22,52,847 lakh; standalone net profit after tax was ₹3,06,790 lakh.

• Cost-to-income ratio improved to 46.33% from 51.31% YoY.

Outlook and guidance

• Guidance for FY27: global advances to grow 15%-16%, global deposits 13%-14% YoY.

• ROA guidance at 1%+; global NIM targeted at 2.55%-2.60%; cost-to-income ratio expected at 48%-49%.

• Board approved capital raising of up to ₹7,500 crore in FY27 via AT1 and Tier II bonds.

• Focus on balanced growth, digital transformation, and RAM portfolio expansion.