Bank of India (BANKINDIA) Q2 26/27 earnings summary

Executive summary

• Global business reached ₹18,92,601 crore at September 30, 2026, up 21.13% YoY; Q2 net profit rose 25% to ₹3,202 crore and H1 net profit rose 30% to ₹6,270 crore.

• Gross and net NPA ratios improved to 1.60% and 0.42%; CRAR was 17.78%.

• Board approved reviewed standalone and consolidated results for the quarter and half-year ended September 30, 2026; auditors issued unmodified opinions.

Financial highlights

• Q2 operating profit was ₹5,089 crore, up 33% YoY; PBT was ₹4,291 crore, up 27%.

• Q2 global NII rose 19% to ₹7,007 crore; non-interest income rose 25% to ₹2,770 crore.

• H1 NII rose 16% to ₹13,840 crore; operating profit increased 30% to ₹10,140 crore and PBT rose 33% to ₹8,379 crore.

• Operating expenses rose 9% YoY to ₹4,688 crore in Q2; H1 expenses increased 6% to ₹9,049 crore.

• H1 operating cash flow turned positive at ₹18,72,119 lakh standalone and ₹18,30,299 lakh consolidated.

Outlook and guidance

• FY27 targets: global advances growth of 15%–16% and global deposit growth of 16%–17%.

• Management targets ROA above 1% in each ensuing quarter and for FY27; ROA was 1.01% in Q2 FY27.

• Management estimates the 25 bps repo-rate increase could improve NIM by 6–7 bps; 66% of domestic advances are externally benchmark-linked, with deposit repricing expected to lag.

• Credit pipeline stood at ₹86,000–87,000 crore across corporate, RAM, digital, pool/co-lending and supply-chain lending; management saw no current threat to FY27 growth targets from macro headwinds.