Bank Of India Q1FY23 Quarter Results
- 02 Aug 2022
- Bank Of India’s net revenues (net interest income plus other income) declined by 3% quarter-on-quarter (QoQ) during the quarter ended June (Q1FY23). On a year-on-year (YoY) basis, it witnessed a decline of 4.3%.
- Its expenses for the quarter were down by 0.4% QoQ and up by 0.2% YoY.
- The bank’s net profit was down 4.4% QoQ and 10.6% YoY.
- The bank’s capital adequacy ratio (CAR) stood at 15.61% in June 2022 quarter.
- Net non-performing assets (NPAs) were at 2.21% of net advances as of June 2022.
- The earnings per share (EPS) of Bank Of India stood at 1.6 during Q1FY23.
Bank Of India’s financial statements for Q1FY23:
(Rs, crores)
Total Income
Q4FY21
11,709.6
Q3FY22
11,553.3
Q4FY22
11,207.6
QoQ (%)
-3.0%
YoY (%)
-4.3%
(Rs, crores)
Total Expenses
Q4FY21
8,977.0
Q3FY22
9,034.8
Q4FY22
8,998.0
QoQ (%)
-0.4%
YoY (%)
0.2%
(Rs, crores)
Provisions
Q4FY21
1,656.2
Q3FY22
1,553.8
Q4FY22
1,326.0
QoQ (%)
-14.7%
YoY (%)
-19.9%
(Rs, crores)
Profit before tax
Q4FY21
1,076.5
Q3FY22
964.7
Q4FY22
8,835.6
QoQ (%)
815.9%
YoY (%)
720.8%
(Rs, crores)
Tax
Q4FY21
378.2
Q3FY22
734.2
Q4FY22
300.7
QoQ (%)
-6.2%
YoY (%)
-20.5%
(Rs, crores)
Profit after tax
Q4FY21
735.4
Q3FY22
688.1
Q4FY22
657.6
QoQ (%)
-4.4%
YoY (%)
-10.6%
(Rs, crores)
Earnings per share
Q4FY21
2.2
Q3FY22
1.7
Q4FY22
1.6
QoQ (%)
YoY (%)
| (Rs, crores) | Q4FY21 | Q3FY22 | Q4FY22 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
| Total Income | 11,709.6 | 11,553.3 | 11,207.6 | -3.0% | -4.3% |
| Total Expenses | 8,977.0 | 9,034.8 | 8,998.0 | -0.4% | 0.2% |
| Provisions | 1,656.2 | 1,553.8 | 1,326.0 | -14.7% | -19.9% |
| Profit before tax | 1,076.5 | 964.7 | 8,835.6 | 815.9% | 720.8% |
| Tax | 378.2 | 734.2 | 300.7 | -6.2% | -20.5% |
| Profit after tax | 735.4 | 688.1 | 657.6 | -4.4% | -10.6% |
| Earnings per share | 2.2 | 1.7 | 1.6 |
Data Source: BSE, Company announcements
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