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Bank of India Q3 FY26 Net Profit Rises 7% YoY to ₹2,705 Cr; NIM Improves to 2.57%
Bank of India reported a steady performance for Q3 FY26, with net profit growing 7% YoY to ₹2,705 crore and operating profit rising 13% to ₹4,193 crore. Asset quality showed significant improvement as Gross NPA fell by 143 bps YoY to 2.26%, while Net NPA reached a low of 0.60%. The bank successfully improved its Global NIM by 16 bps sequentially to 2.57% through portfolio churning and shedding low-yield assets. With a strong corporate pipeline of ₹65,000 crore and robust RAM growth of 18.05%, the management maintains a positive outlook for FY27.
Key Highlights
Net Profit increased by 7% YoY to ₹2,705 crore, while Net Interest Income grew 6% to ₹6,461 crore.
Asset quality improved drastically with Gross NPA at 2.26% and Net NPA at 0.60%, supported by a high PCR of 93.60%.
Domestic advances grew 15.16% YoY, led by an 18.05% surge in RAM (Retail, Agri, MSME) segments.
Global NIM expanded by 16 bps sequentially to 2.57% due to strategic churning of low-yielding assets.
Capital Adequacy Ratio (CRAR) remains strong at 17.09% as of December 2025 compared to 16.00% YoY.
💼 Action for Investors
Investors should focus on the bank's improving margins and robust asset quality metrics. The strong corporate credit pipeline and focus on high-yield RAM segments provide a positive outlook for earnings growth in FY27.