• BOI’s net revenues (net interest income plus other income) grew by 2.5% quarter-on-quarter (QoQ) during the quarter ended March (Q4FY22). On a year-on-year (YoY) basis, it witnessed a growth of 2.7%.
  • Its expenses for the quarter were down by 1.7% QoQ and 3.3% YoY.
  • The bank reported a net profit of Rs 688.1 crores in Q4FY22 as against a net profit of Rs 83.2 crores in Q4FY21.
  • The bank’s capital adequacy ratio (CAR) stood at 17.65% in March 2022 quarter.
  • Net non-performing assets (NPAs) were at 2.34% of net advances as of March 2022.
  • The earnings per share (EPS) of BOI stood at 1.7 during Q4FY22.

BOI’s financial statements for Q4FY22:

(Rs, crores) Q4FY21 Q3FY22 Q4FY22 QoQ (%) YoY (%)
Total Income 11,252.6 11,270.6 11,553.3 2.5% 2.7%
Total Expenses 9,346.8 9,187.9 9,034.8 -1.7% -3.3%
Provisions 1,614.5 356.9 1,553.8 - -3.8%
Profit before tax 291.3 1,725.8 964.7 -44.1% 231.2%
Tax 13.5 734.2 320.6 -56.3% -
Profit after tax 83.2 996.0 688.1 -30.9% -
Earnings per share 0.3 2.4 1.7    

Data Source: BSE, Company announcements

Want to keep a tab on Indian listed companies? Open an account and get daily stock research updates from Kotak Securities.

The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results