Bank of India Q4 FY26 results: Profit up 15%, dividend

Key takeaway from the latest filing

Bank of India (BoI) reported a year-on-year rise in quarterly profit for Q4 FY26, supported by an improvement in asset quality and lower provisioning. The lender said in a regulatory filing that net profit for the March quarter rose to ₹3,016 crore, compared with ₹2,626 crore in the year-ago period. Alongside earnings, the board recommended a dividend of ₹4.65 per equity share of face value ₹10 for FY26, subject to shareholder approval.

Q4 FY26 profit rises to ₹3,016 crore

For the fourth quarter of FY26, BoI’s net profit increased 15% year-on-year to ₹3,016 crore. In the comparable quarter last year, the bank had reported ₹2,626 crore. The profit growth came with a moderation in bad loan ratios, and a drop in provisions and contingencies.

Income and interest income growth in Q4 FY26

BoI reported total income of ₹22,685 crore for Q4 FY26, up from ₹21,751 crore a year earlier. Interest income increased to ₹19,476 crore from ₹18,323 crore in the year-ago quarter. The update pointed to steady growth in the bank’s income line during the quarter.

Asset quality: GNPA at 1.98%, NNPA at 0.56%

On the asset quality front, BoI said gross NPAs moderated to 1.98% of gross advances as on March 31, 2026, compared with 3.27% by the end of March 2025. Net NPAs declined to 0.56% from 0.82% over the same period. The improvement in ratios coincided with a reduction in provisioning needs in Q4.

Provisions fall; coverage and capital ratios improve

Provisions (other than tax) and contingencies declined to ₹990 crore in Q4 FY26 from ₹1,338 crore in the same quarter a year earlier. Provision coverage ratio (PCR) improved to 93.57% as on March 31, 2026 from 92.39% a year ago. The capital adequacy ratio rose to 18.01% from 17.77%, as reported in the filing.

FY26 full-year numbers: profit at ₹10,527 crore

For the full financial year 2025-26, BoI reported profit of ₹10,527 crore, up 14% from ₹9,219 crore in the previous year. Total income for FY26 increased to ₹85,036 crore from ₹79,820 crore in FY25. These figures provide the annual context for the Q4 performance.

Dividend update: FY26 dividend ₹4.65 per share

The bank’s board recommended a dividend of ₹4.65 (46.50%) per equity share of face value ₹10 each for FY26. The payout is subject to shareholder approval.

FY25 recap: operating profit up 17%, net profit ₹9,219 crore

In the earlier FY25 results announced on May 9, 2025, BoI reported operating profit of ₹16,412 crore, up 17% year-on-year. Net profit for FY25 was ₹9,219 crore, up 46% year-on-year, with Q4 FY25 net profit at ₹2,626 crore, up 82% year-on-year. Return on assets (ROA) stood at 0.90% and return on equity (ROE) at 15.27% for FY25.

FY25 balance sheet and asset quality indicators

For FY25, the bank reported global business of ₹14,82,588 crore as of March 2025. Global advances rose 13.74% year-on-year to ₹6,66,047 crore, while deposits increased 10.65% year-on-year to ₹8,16,000 crore. Domestic advances were reported at ₹5,63,550 crore, up 14.45% year-on-year, and domestic deposits at ₹7,00,298 crore, up 11.21% year-on-year.

In asset quality metrics for FY25, gross NPA ratio declined to 3.27% and net NPA to 0.82%, with the gross NPA amount reported at ₹21,749 crore (down from ₹29,183 crore a year ago). PCR stood at 92.39% as of March 2025, and total CRAR was reported at 17.77% with CET-1 at 14.84%.

Dividend and market reference points from FY25

For FY2024-25, BoI recommended a dividend of ₹4.05 per equity share, with the record date fixed as June 20, 2025. The article also cited BoI’s share price at ₹110.50 as on May 9, 2025 at 3:30 PM.

Key numbers at a glance

Why these results matter for investors

The Q4 FY26 update shows profit growth alongside a sharp improvement in reported GNPA and NNPA ratios compared with March 2025 levels. Lower provisions and a higher PCR suggest the bank carried stronger loss-absorption buffers into FY27 than a year earlier. The higher capital adequacy ratio adds to this picture, while the dividend recommendation signals continuity in shareholder payouts, subject to approvals.

What to track next

Investors will watch for shareholder approval of the FY26 dividend and subsequent timelines around corporate actions. In parallel, the next set of quarterly disclosures will indicate whether the lower NPA ratios and provisioning levels sustain beyond the March quarter. Any additional updates will come through future regulatory filings.