Q4 Results: Public sector lender Bank of Baroda (BoB) on Tuesday, May 6, reported a 3.3 per cent year-on-year (YoY) rise in its Q4FY25 standalone net profit to ₹5,048 crore compared to ₹4,886 crore in the same quarter of the last fiscal. The bank’s total income for the quarter under review rose 6.15 per cent YoY to ₹35,851.85 crore from ₹33,774.87 crore.
Operating profit of the bank remained almost flat (up 0.3 per cent YoY) at ₹8,132 crore against ₹8,106 crore in Q4FY24.
Net interest income for the quarter declined 6.6 per cent YoY to ₹11,020 crore from ₹11,793 crore in the same quarter last year.
BoB’s gross non-performing assets (GNPA) ratio declined 66 bps year over year to 2.26 per cent in Q4FY25 from 2.92 per cent in Q4FY24.
Net non-performing assets (NNPA) ratio also dropped 10 bps YoY to 0.58 per cent in Q4FY25 from 0.68 per cent in the corresponding quarter of the previous financial year.
Capital adequacy ratio – a key financial metric to measure how much capital a bank has relative to its risk-weighted assets- rose 88 bps YoY to 17.19 per cent from 16.31 per cent.
For the full financial year, the bank’s net profit rose 10.1 per cent YoY to ₹19,581 crore from ₹17,789 crore.
NII for FY25 increased 2.1 per cent YoY to ₹45,659 crore from ₹44,722 crore in FY24.
(This is a developing story. Please check back for fresh updates.)
