Bank of Baroda Ltd for the second quarter ended September 30, 2025 reported 8.2% drop in net profit to Rs 4,809 crore as compared with 5,238 crore in the year ago period. In the same period last year the bank had reported an one time gain.
Net Interest Income (NII) of the bank at Rs 11,954 crore, grew 2.7% over Rs 11,637 crore in the year ago period. However, Net Interest Margin (NIM) declined 15 bps to 2.96% during the quarter from 3.11% a year ago.
The bank said its asset quality improved during the quarter and its made a total provision of Rs 1,232 crore as compared with Rs 2,336 crore a year ago, down 47%.
Gross NPA Ratio improved to 2.16% in Q2FY26 from 2.50% in Q2FY25.
The Net NPA Ratio reduced by 3 bps YoY and stood at 0.57% in Q2FY26. The slippage ratio for the quarter declined by 16 bps YoY to 0.91%.
Domestic advances of the bank during the quarter increased to Rs 10,46,506 crore, up 11.5% Year on Year (YoY). The bank said retail advances grew by 17.6% led by growth in segments such as mortgage loan (19.8%), auto loan (17.7%), home loan (16.5%), education loan (14%) and personal loan (18.6%) on a YoY basis.
While agriculture loan portfolio grew by 17.4% YoY to Rs 1,69,703 crore, SME portfolio grew by 13.9% YoY to Rs 1,442,401 crore.
Corporate advances registered a growth of 3% YoY and stood at Rs 4,00,682 crore.
Domestic deposits increased by 9.7% YoY to Rs 12,71,992 crore.
Published – October 31, 2025 09:58 pm IST
