Bank of India announced 9MFY25 & Q3FY25 results Q3FY25 Financial Highlights: Net Profit for the quarter improved by 35% YoY and stood at Rs.2,517 crore for Q3FY25 against Rs.1,870 crore in Q3FY24. On a sequential basis, Net Profit improved by 6% from Rs.2,374 crore in Q2FY25. Operating Profit increased by 23% YoY and stood at Rs.3,703 crore for Q3FY25 against Rs.3,004 crore in Q3FY24 and Rs.4,147 crore in Q2FY25. Net Interest Income (NII) increased by 11% YoY and stood at Rs.6,070 crore for Q3FY25 against Rs.5,463 crore for Q3FY24 and Rs.5,986 crore in Q2FY25. Non-Interest Income increased by 46% YoY and stood at Rs.1,746 crore for Q3FY25 against Rs.1,193 crore in Q3FY24 and Rs.2,518 crore in Q2FY25. Operating Expenses stood at Rs.4,114 crore for Q3FY25 against Rs.3,653 crore in Q3FY24 and Rs.4,355 crore in Q2FY25. NIM (Global) stood at 2.80% in Q3FY25 against 2.85% in Q3FY24 and 2.82% in Q2FY25. Return on Assets (Global) improved by 14 bps YoY to 0.96% in Q3FY25 against 0.82% in Q3FY24. On a sequential basis it improved by 2 bps from 0.94% in Q2FY25. Return on Equity (RoE) improved by 157 bps at 16.53% in Q3FY25 against 14.96% in Q3FY’24. Cost to Income ratio (Global) stood at 52.63% in Q3FY25 against 54.87% in Q3FY24 and 51.22% in Q2FY25. Slippage ratio stood at 0.19% in Q3FY25 against 0.26% in Q3FY24. Credit Cost stood at 0.39% in Q3FY25 against 0.46% in Q3FY24. Yield on Advances (Global) improved by 18 bps YoY to 8.55% in Q3FY25 against 8.37% in Q3FY24 and 8.45% in Q2FY25. Cost of Deposits (Global) stood at 4.96% in Q3FY25 against 4.62% in Q3FY24 and 4.95% in Q2FY25. 9MFY25 Financial Highlights: Net Profit increased by 35% YoY and stood at Rs.6,593 crore for 9MFY25 against Rs.4,879 crore in the corresponding period of last year. Operating Profit improved by 10% YoY and stood at Rs.11,527 crore for 9MFY25 against Rs.10,511 crore in the corresponding period of last year. Net Interest Income (NII) increased by 7% YoY and stood at Rs.18,331 crore for 9MFY25 against Rs.17,117 crore in the corresponding period of last year. Non-Interest Income increased by 28% YoY and stood at Rs.5,566 crore for 9MFY25 against Rs.4,344 crore in the corresponding period of last year. Operating Expenses stood at Rs.12,370 crore in 9MFY25 against Rs.10,949 crore in the corresponding period of last year. NIM (Global) stood at 2.90% in 9MFY25 against 2.98% in 9MFY24. Return on Assets (RoA) improved by 15 bps and stood at 0.87% in 9MFY25 against 0.72% in 9MFY24. Return on Equity (RoE) improved by 115 bps YoY to 14.90% in 9MFY25, against 13.75% in 9MFY24. Cost to Income ratio (Global) stood at 51.76% in 9MFY25 against 51.02% in 9MFY24. Credit Cost stood at 0.72% in 9MFY25 against 0.54% in 9MFY24. Yield on Advances (Global) improved by 31 bps to 8.65% in 9MFY25 against 8.34% in 9MFY24. Cost of Deposits (Global) stood at 4.91% in 9MFY25 against 4.44% in 9MFY24. Asset Quality: Gross NPA declined by 20.47% YoY from Rs.30,237 crore in Dec’23 to Rs.24,048 crore in Dec’24. Net NPA declined by 29.07% YoY from Rs.7,627 crore in Dec’23 to Rs.5,410 crore in Dec’24. GNPA ratio improved by 166 bps from 5.35% in Dec’23 to 3.69% in Dec’24. Net NPA ratio improved by 56 bps from 1.41% in Dec’23 to 0.85% in Dec’24. Provision Coverage Ratio (PCR) stood at 92.48% in Dec’24 against 89.95% in Dec’23. Capital Adequacy: As on 31.12.2024, Bank's total Capital Adequacy Ratio (CRAR) was at 16.00% against 16.06% as on 31.12.2023. CET-1 ratio stood at 12.96% as on 31.12.2024. Result PDF