Bank of Baroda’s Q2 Net Profit Slides to ₹4,809 Crore
Bank of Baroda reported a net profit of ₹4,809 crore for the quarter ended September 30 2025. This marks an 8.2 per cent year-on-year decline from ₹5,238 crore in Q2 FY25.
Income & Asset Quality Highlights
The lender’s net interest income grew to ₹11,954 crore, up 2.7 per cent compared to the same quarter last year. The bank’s net interest margin stood at 2.96 per cent, improving modestly quarter-on-quarter. Asset quality improved with its gross non-performing asset (GNPA) ratio falling to 2.16 per cent from 2.50 per cent a year ago, and net NPAs reducing to 0.57 per cent.
Key Drivers and Outlook
Despite revenue growth, profitability was hit by a sharp drop in non-interest income, including a decline in recoveries and treasury gains. The bank also made provisioning ahead of the expected transition to the ‘expected credit loss’ accounting model. Cost growth and margin pressures remain challenges. Looking ahead, the bank expects NIMs to remain range-bound and will focus on retail loan growth and risk-management to restore profit momentum.
