Bank Of Baroda Shares Fall By 10.91%; Gross NPA Reduces By 12.6%

New Delhi: Bank of Baroda's shares fell sharply by 10.91 per cent on Tuesday after the public sector bank reported weak financial results for the March quarter (Q4 FY25).

It reported net interest income (NII) at Rs 11,020 crore in Q4 FY25, down 6.6 per cent from Rs 11,793 crore reported in the year-ago period.

The gross NPA of the bank reduced by 12.6 per cent YoY to Rs 27,835 crore in FY25 and gross NPA Ratio improved to 2.26 per cent in FY25 from 2.92 per cent in FY24.

The net NPA ratio of the bank stood at 0.58 per cent in FY25 as compared with 0.68 per cent in FY24.

Bank of Baroda reported 3.3 per cent year-on-year increase in net profit at Rs 5,048 crore in Q4, from Rs 4,886 crore in the previous quarter (Q3).

The muted increase in Bank of Baroda Q4 net profit was on the back of higher provisions and a weak net interest income (NII).

At the end of March 2025, Bank of Baroda had total deposits worth Rs 14.72 trillion, up 10.3 per cent YoY and 4.9 per cent QoQ.

Total advances stood at Rs 12.30 trillion, including global advances, up 12.8 per cent YoY and 4.9 per cent QoQ.

The board has recommended to declare a dividend of 418 per cent, subject to requisite approvals.

BOB’s global advances registered a growth of 12.8 per cent YoY and domestic advances grew by 13.7 per cent in FY25 led by robust retail loan book growth.

NII was weak even on a quarterly basis as it declined from Rs 11,417 crore seen in Q3 FY25.

The bank’s domestic net interest margin (NIM) dropped to 3.02 per cent from 3.11 per cent on a quarterly basis. The operating profit was flat at Rs 8,132 crore compared to Rs 8,106 crore reported in Q4 FY24.

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