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News Topical, Digital Desk : Q4 Bank Result: Bank of India has performed strongly in the fourth quarter of the financial year 2023-24. This bank has registered a tremendous increase in its profit. A year ago, during this period, the net profit of the bank was ₹ 1,439 crores, while this year it has increased to ₹ 2,626 crores.
The bank's net interest income (NII) has also increased. The company's interest income has increased from ₹5,936 crores to ₹6,063 crores.
The bank has also shown better management on the non-performing assets (NPA) front. Gross NPA has come down from 3.69% to 3.27% on a quarter-on-quarter basis, while net NPA has come down from 0.85% to 0.82%. Talking about the company's provisioning, an increase has been seen in it. This increase has increased from ₹303.7 crores to ₹1,337.7 crores. Stock status Bank of India's share closed at ₹110.50 on 09 May 2025 with a gain of 2.55%, while the previous closing price was ₹107.75. The stock recorded an intraday high of ₹ 111.20 and a low of ₹ 104.05. The volume weighted average price (VWAP) of the stock stood at ₹ 108.98. In the last 52 weeks, the stock has touched a high of ₹ 144.40 and a low of ₹ 90.00. The total market capitalization of the bank is ₹ 50,306.98 crore while the free-float market cap is ₹ 13,390.41 crore. In terms of trading, the total volume (TTQ) was 3.72 lakh shares and turnover was ₹ 4.05 crore. The average trading volume for the last two weeks has been 5.86 lakh. The EPS (TTM) of the bank is ₹ 17.64 while the PE and PB ratios are 6.26 and 0.70 respectively. Return on Equity (ROE) is 11.19%. This stock is included in the BSE 200 index and comes under the A/T+1 settlement group. Its face value is ₹10 and it is a Public Sector Bank.
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