Bank of Baroda Reports 11% Profit Increase in Q4, Declares Rs 8.5 Dividend
Bank of Baroda Q4 Profit Rises 11% To Rs 5,616 Crore, Announces Rs 8.5 Dividend
News 18
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Bank of Baroda reported a net profit of ₹5,615.7 crore for the quarter ending March 2026, an 11.3% increase from the previous year. The bank also announced a dividend of ₹8.5 per share, reflecting improvements in asset quality and net interest income.
- 01Net profit increased by 11.3% year-on-year to ₹5,615.7 crore.
- 02Total income rose marginally by 2.1% to ₹36,608 crore.
- 03Net interest income improved by 8.7% to ₹12,493 crore.
- 04Net NPA ratio improved to 0.45%, with gross NPA below 2%.
- 05The bank declared a dividend of ₹8.5 per share.
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Bank of Baroda, a major public sector bank in India, reported a net profit of ₹5,615.7 crore for the quarter ending in March 2026, reflecting an 11.3% increase from ₹5,047.7 crore in the same quarter last year. The total income for the quarter was ₹36,608 crore, a slight increase of 2.1% from ₹35,851 crore in the previous year. The bank's net interest income (NII) rose by 8.7% to ₹12,493 crore from ₹11,494 crore. However, earnings before interest and taxes (EBIT) decreased by 10% to ₹5,919 crore. On the asset quality front, the bank reported a reduction in net non-performing assets (NPA) to ₹6,315 crore, down from ₹6,994 crore. The net NPA ratio improved by 13 basis points to 0.45%, while the gross NPA ratio fell below 2%. Additionally, Bank of Baroda declared a dividend of ₹8.5 per share, indicating a positive outlook for shareholders.
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The increase in net profit and improved asset quality may lead to enhanced investor confidence and potentially higher stock prices, benefiting shareholders.
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