Bank of India (BOI) posted a strong performance for the fourth quarter ended March 31, 2025, reporting a net profit of ₹2,626 crore, up 82.49% year-on-year compared to ₹1,439 crore in Q4FY24. Sequentially, profit rose 4.34%.
The bank’s net interest income (NII) for Q4FY25 stood at ₹6,063 crore, registering a 2.14% YoY growth from ₹5,936 crore. However, on a quarter-on-quarter basis, NII was down marginally by 0.12%.
BOI’s operating profit for the quarter rose by 37.32% YoY to ₹4,885 crore. Interest income grew by 13.37% YoY to ₹18,323 crore, while interest expenses increased 19.09% to ₹12,260 crore.
For the full year FY25, the bank reported:
-
Net profit of ₹9,219 crore, up 45.92% from ₹6,318 crore in FY24
-
NII of ₹25,304 crore, up 8.52% from ₹23,053 crore last year
Key Asset Quality Highlights (Q4FY25):
-
Gross NPA ratio improved to 3.27%, down 171 bps YoY
-
Net NPA ratio stood at 0.82%, improved by 40 bps YoY
-
Provision coverage ratio (PCR) stood strong at 92.39%, up 180 bps
-
Slippage ratio for FY25 was 1.36%, down 22 bps from FY24
Capital Adequacy:
-
Capital adequacy ratio (CAR) at end-FY25 stood at 17.77%, up from 16.96% in FY24
The bank also reported strong growth in its business mix:
-
Global advances grew 13.74% YoY to ₹6.66 lakh crore
-
Global deposits rose 10.65% YoY to ₹8.16 lakh crore
-
CASA ratio stood at 40.28% as of March 31, 2025