Bank of Baroda Q2 Results: Standalone profit jumps 36% YoY to Rs 6,532 crore; NII up 9%
60-Word AI Digest
Bank of Baroda reported a 35.8% year-on-year rise in standalone net profit to Rs 6,532 crore in Q2FY27. Net interest income grew 9% to Rs 13,026 crore, while asset quality improved, with the gross NPA ratio declining to 1.78%. Global advances and deposits also recorded double-digit growth.
Key Takeaways
- Bank of Baroda reported a 35.8% year-on-year rise in standalone net profit to Rs 6,532 crore in Q2FY27.
- Net interest income grew 9% to Rs 13,026 crore, while asset quality improved, with the gross NPA ratio declining to 1.78%.
- Global advances and deposits also recorded double-digit growth.
Bank of Baroda reported a 35.8% year-on-year rise in standalone net profit to Rs 6,532 crore in Q2FY27. Net interest income grew 9% to Rs 13,026 crore, while asset quality improved, with the gross NPA ratio declining to 1.78%. Global advances and deposits also recorded double-digit growth.
Original Publisher Attribution
This summary was curated from Economic Times.