Bank of India Limited (BOM: 532149)

Bank of India Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Interest Income on Loans	648,980	610,733	479,317	382,809	408,538	425,908
Interest Paid on Deposits	421,299	377,568	274,406	240,834	264,209	271,915
Net Interest Income	239,508	233,166	204,911	141,975	144,329	153,993
Net Interest Income Growth (YoY)	3.99%	13.79%	44.33%	-1.63%	-6.28%	11.61%
Gain (Loss) on Sale of Assets	284.57	284.57	1,341	2,773	602.06	467.46
Gain (Loss) on Sale of Investments	6,320	6,320	18,397	14,102	19,534	5,921
Other Non-Interest Income	62,411	55,727	52,374	63,230	48,830	61,700
Total Non-Interest Income	69,016	62,331	72,112	80,105	68,966	68,089
Non-Interest Income Growth (YoY)	-11.43%	-13.56%	-9.98%	16.15%	1.29%	42.12%
Revenues Before Loan Losses	308,524	295,497	277,022	222,080	213,294	222,082
Provision for Loan Losses	47,335	40,504	72,300	44,643	70,453	161,656
Revenue	261,188	254,993	204,722	177,437	142,842	60,426
Revenue Growth (YoY)	3.79%	24.56%	15.38%	24.22%	136.39%	248.17%
Salaries and Employee Benefits	98,101	92,627	84,529	71,121	65,289	61,966
Occupancy Expenses	15,326	15,326	13,725	12,431	12,084	12,027
Selling, General & Administrative	5,931	5,931	5,885	4,089	3,724	4,150
Other Non-Interest Expense	42,866	39,178	39,596	34,059	28,966	27,982
Total Non-Interest Expense	159,331	151,242	144,163	120,889	111,246	107,342
EBT Excluding Unusual Items	101,857	103,752	60,560	56,548	31,596	-46,917
Pretax Income	101,857	103,752	60,560	56,548	31,596	-46,917
Income Tax Expense	23,688	38,086	22,166	21,675	10,790	-16,404
Earnings From Continuing Operations	78,169	65,666	38,393	34,873	20,806	-30,512
Minority Interest in Earnings	-29.72	-21.12	-13.79	52.66	21.87	2
Net Income	78,140	65,645	38,380	34,926	20,828	-30,510
Net Income to Common	78,140	65,645	38,380	34,926	20,828	-30,510
Net Income Growth	45.07%	71.04%	9.89%	67.69%	-	-
Basic Shares Outstanding	4,465	4,241	4,104	3,853	3,277	3,250
Diluted Shares Outstanding	4,465	4,241	4,104	3,853	3,278	3,250
Shares Change (YoY)	8.89%	3.35%	6.51%	17.53%	0.86%	74.53%
EPS (Basic)	17.50	15.48	9.35	9.07	6.36	-9.39
EPS (Diluted)	17.50	15.48	9.35	9.07	6.35	-9.39
EPS Growth	33.25%	65.55%	3.14%	42.76%	-	-
Dividend Per Share	2.800	2.800	2.000	2.000	-	-
Dividend Growth	40.00%	40.00%	0%	-	-	-
Effective Tax Rate	23.26%	36.71%	36.60%	38.33%	34.15%	-

Source: S&P Capital IQ. Banks template. Financial Sources.