Bank of Baroda has announced its financial results for the quarter and half-year ended September 30, 2026. The bank reported a significant increase in net profit, reaching ₹6,532 crore for Q2FY27, a 35.8% year-on-year growth. Net Interest Income also saw a healthy rise of 9.0% YoY to ₹13,026 crore. The bank maintained robust asset quality with a reduced GNPA ratio of 1.78% and a strong CRAR of 16.61%.
Strong Financial Performance in Q2 FY27
Bank of Baroda has announced robust financial results for the quarter and half-year ended September 30, 2026. The bank achieved a record quarterly Net Profit of INR 6,532 crore, marking a substantial growth of 35.8% year-on-year. For the half-year ended September 30, 2026 (H1FY27), the Net Profit stood at INR 7,810 crore.
Key Financial Highlights
Profitability Growth
- Net Interest Income (NII) for the quarter expanded by 9.0% YoY to INR 13,026 crore. For H1FY27, NII stood at INR 25,551 crore, a 9.2% YoY increase.
- Non-Interest Income showed remarkable growth, increasing by 95.8% YoY to INR 6,881 crore for the quarter. For H1FY27, it stood at INR 10,351 crore, up by 26.4% YoY.
- Operating Income registered a strong YoY growth of 28.7% for the quarter, reaching INR 19,907 crore. For H1FY27, it grew by 13.7% YoY to INR 35,902 crore.
- Operating Profit for the quarter rose by 50.9% YoY to INR 11,430 crore, marking the highest-ever quarterly operating profit for the Bank. For H1FY27, Operating Profit was INR 19,557 crore, a 23.7% YoY increase.
- Return on Assets (ROA) for the quarter improved by 19 bps YoY to 1.26%. ROA for H1FY27 stood at 0.75%.
- Return on Equity (ROE) saw a significant increase of 363 bps YoY, reaching 19.28% for Q2FY27. ROE for H1FY27 was 11.63%.
Asset Quality and Capital Adequacy
- The Bank maintained robust asset quality with a reduction in the Gross NPA ratio by 38 bps YoY to 1.78% in Q2FY27.
- The Net NPA ratio also reduced by 20 bps YoY to 0.37% in Q2FY27.
- The Provision Coverage Ratio (PCR) with Two improved by 144 bps YoY to 94.65%.
- The Capital Adequacy Ratio (CRAR) of the Bank stood at 16.61% as of September 2026.
Business Performance
- Global Business grew by 17.2% YoY to INR 32,57,883 crore.
- Global Deposits increased by 16.4% YoY, while Domestic Deposits grew by 16.6% YoY.
- Global Advances registered a growth of 18.3% YoY, with Domestic Advances up by 13.5% YoY.
The detailed financial results, including segment-wise performance and other key ratios, are available in the accompanying statements.
Source: BSE
