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News Details

30/10/2026 18:50

Bank of Baroda Q2 net profit up 35.81% at Rs 6531.54 cr

The bank reported standalone net profit of Rs 6,531.54 crore for the quarter ended September 30, 2026 as compared to Rs 4809.39 crore in the same period last year, registering a year-on-yearÿgrowthÿof 35.81 per cent.

Interest income of the bank rose by 11.34 per cent at Rs 35085.33 crore for the quarter ended September 30, 2026 as against Rs 31510.81 crore in the corresponding period last year.

During the July-September quarter, total income rose moderately by 19.81 per cent to Rs 41,966.05 crore from Rs 35,025.76 crore in the year ago period.

Meanwhile, operating expenses increased by 11.24 per cent to Rs 30,535.94 crore from Rs 27,449.81 crore in the same period last year.

Operating profit surged 50.87 per cent to Rs 11,430.11 crore from Rs. 7,575.95 crore.

Provisions and Contingencies surged by 93.26 per cent at Rs 2,381.83 crore from Rs 1,232.47 crore a year ago.

NII, the difference between interest earned on loans and interest paid on deposits, increased by 8.97 per cent at Rs 13,026.27 crore versus Rs 11,953.61 crore in the year ago period. Non-interest income rose 95.76 per cent year-on-year to Rs 6,880.72 crore.

On the asset side, gross non- performing assets (NPAs)ÿfellÿto 1.78 per cent of the gross advances as at the end of September 30, 2026 from a level of 2.16 per cent year earlier. Its net NPAs or bad loans tooÿdeclinedÿto 0.37 per cent of net advances on September 30, 2026 from 0.57 per cent a year ago.