In the January-March quarter of FY26 (Q4FY26), Bank of Baroda, a state-owned bank in India, reported a net profit of ₹5,616 crore, marking an 11.2% year-on-year increase. This growth was primarily attributed to an 8.7% rise in net interest income, which reached ₹12,494 crore. However, the bank experienced a 16.2% decline in non-interest income, falling to ₹3,967 crore. The net interest margin decreased to 3.08% from 3.16% in the same quarter last year. The bank's credit cost rose to 0.76% compared to 0.44% in Q4FY25, partly due to a floating provision of ₹1,500 crore made during the quarter.

For the full fiscal year FY26, Bank of Baroda reported a 2.2% increase in net profit, totaling ₹20,021 crore. Domestic advances surged by 14.5% year-on-year to ₹11.69 trillion, with retail loans growing by 17.9% to nearly ₹3.03 trillion. The bank is optimistic about disbursing over ₹12,000 crore under the ECLGS 5.0 scheme, as stated by Debadatta Chand, the bank's MD & CEO. Additionally, the bank's asset quality improved, with the gross non-performing assets (GNPA) ratio decreasing to 1.89% from 2.26% a year earlier.