Bank of Baroda has released its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The bank achieved a record annual net profit of ₹20,021 crore on a consolidated basis. Following these strong results, the Board has recommended a dividend of ₹8.50 per equity share for FY2025-26, subject to shareholder approval at the upcoming 30th Annual General Meeting scheduled for June 23, 2026.
Annual Financial Highlights
For the financial year ended March 31, 2026, Bank of Baroda demonstrated robust financial health. On a consolidated basis, the bank reported a net profit of ₹19,846 crore, while the standalone net profit reached ₹20,021 crore. The bank’s Global Business crossed the significant milestone of ₹30 lakh crore, reflecting sustained growth momentum and strong operational performance throughout the fiscal year.
Asset Quality and Operational Efficiency
The bank maintained healthy asset quality, with the standalone Gross NPA ratio improving to 1.89% as of March 31, 2026, down from 2.26% in the previous year. The net NPA ratio also saw a reduction, standing at 0.45%. Furthermore, the bank’s Provision Coverage Ratio (PCR) remains robust at 93.94%, reinforcing the bank’s conservative approach to risk management. Operating profit for the fiscal year stood at ₹32,259 crore.
Dividend and AGM Details
Reflecting its commitment to shareholder value, the Board has recommended a dividend of ₹8.50 per equity share (Face Value ₹2/- fully paid up). Shareholders who hold shares as of the record date of June 5, 2026, will be eligible for this dividend payment. The approval for this dividend will be sought at the 30th Annual General Meeting, which is set to be held on June 23, 2026, via video conferencing.
Strategic Growth in Retail and MSME
The bank has seen significant success in its organic retail advances, which grew by 17.9%, fueled by strong performance in home loans, mortgage loans, auto loans, and education loans. Additionally, the bank’s focus on the Retail, Agriculture, and MSME (RAM) sectors remains strong, with the RAM portfolio growing by 16.7% and now accounting for 61% of total advances.
Source: BSE
