Bank of Baroda has reported a 35.8% year-on-year increase in net profit to Rs 6,532 crore for the second quarter of FY27, compared with Rs 4,809 crore in Q2FY26. The lender's net interest income (NII) rose 9% to Rs 13,026 crore from Rs 11,954 crore a year earlier.
Operating profit increased 50.9% to Rs 11,430 crore from Rs 7,576 crore in the corresponding quarter last year.
The bank's asset quality also improved sequentially. Gross non-performing assets (NPA) declined to 1.78% in the September quarter from 2% in the June quarter. Net NPA stood at 0.37%, compared with 0.5% in the previous quarter. Provisions increased to Rs 2,382 crore from Rs 1,232 crore in the year-ago period.
-
Indian Markets Turning Corner After Two Tough Years, Says Sandeep Tandon -
NDTV Profit Ignite 2026: Experts See Opportunity In Equities, Stay Bullish For Long-Term -
Buy Right, Sit Tight Does Not Work for Individual Stocks, Says Dinshaw Irani -
'Worst Is Behind': Quant MF Sees Market Bottom, Flags 'Extreme Euphoria' In Midcaps -
India's Mutual Fund Industry Could Become A $1 Trillion Opportunity, Say Fund Managers -
'Foreign Investors Are Baraatis': Raamdeo Agrawal's Take On LTCG Tax -
Stay Invested Through Market Cycles: Raamdeo Agrawal at NDTV Profit Ignite -
Ramesh Damani Remains Bullish On India For Next 20-30 Years, Sees Bargains Amid Market Weakness -
CAS Came After A Long Consultation Process: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFIT IGNITE -
Aim To Cut FPI Onboarding Time From Mth To Five Days: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFI
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.