Bank of Baroda Reports 11% Profit Increase in Q4 FY26
Bank of Baroda Q4FY26 results: Net profit rises 11% to ₹5,616 crore
Business StandardImage: Business Standard
Bank of Baroda (BoB) recorded an 11% increase in net profit, reaching ₹5,616 crore in the March quarter of FY26, up from ₹5,048 crore a year earlier. The bank's total income also rose to ₹36,609 crore, reflecting strong interest income growth and improved asset quality.
- 01Net profit increased by 11% to ₹5,616 crore in Q4 FY26.
- 02Total income rose to ₹36,609 crore from ₹35,852 crore a year ago.
- 03Gross non-performing assets (NPAs) improved to 1.89% of gross advances.
- 04The bank's board recommended a dividend of ₹8.5 per equity share.
- 05BoB plans to raise up to ₹6,000 crore in additional capital by March 2027.
Advertisement
In-Article Ad
Bank of Baroda (BoB) announced an 11% rise in net profit for the March quarter of FY26, totaling ₹5,616 crore, compared to ₹5,048 crore in the same quarter last year. The bank's total income increased to ₹36,609 crore, up from ₹35,852 crore a year ago, driven by a rise in interest income, which reached ₹32,642 crore from ₹30,642 crore. Net interest income (NII) also saw growth, rising to ₹12,494 crore from ₹11,020 crore. On the asset quality front, the bank's gross non-performing assets (NPAs) improved to 1.89% of gross advances, down from 2.26% a year earlier, while net NPAs decreased to 0.45% from 0.58%. The provision coverage ratio slightly improved to 93.94% as of March 31, 2026. For the entire financial year 2024-25, BoB reported a 2% increase in profit, totaling ₹20,021 crore. The board has recommended a dividend of ₹8.5 per equity share for FY26 and plans to raise up to ₹6,000 crore in additional capital through Additional Tier 1 (AT1) and/or Tier-II bonds by March 2027.
Advertisement
In-Article Ad
The bank's robust profit growth and improved asset quality may lead to more confidence among investors and depositors, potentially resulting in better loan conditions and interest rates for customers.
Advertisement
In-Article Ad
Reader Poll
Do you think Bank of Baroda's profit growth will continue in the next quarter?
Connecting to poll...
More about Bank of Baroda
Read the original article
Visit the source for the complete story.





