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Global deposits grew by 11.82% year-on-year to ₹13.92 lakh crore, while domestic deposits rose by 9.23% year-on-year to ₹11.66 lakh crore.
On the advances side, global advances increased by 11.65% year-on-year to ₹11.71 lakh crore, with domestic advances up by 11.76% year-on-year to ₹9.63 lakh crore. Notably, domestic retail advances surged 19.48% year-on-year, reaching ₹2.43 lakh crore.
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Bank of Baroda’s net profit for the second quarter of FY25 stood at ₹5,238 crore, reflecting a 23.2% year-on-year increase from ₹4,253 crore. The bank reported a net interest income of ₹11,622 crore, marking a 7.3% increase from ₹10,831 crore in Q2FY24.
For the first half of FY25, net interest income rose to ₹23,222 crore, a 6.4% year-on-year growth from ₹21,827 crore. The non-interest income surged by 24.2%, reaching ₹5,181 crore in Q2FY25 compared to ₹4,171 crore in the same quarter last year. This growth led to an operating profit of ₹9,477 crore, an 18.2% increase from ₹8,020 crore in Q2FY24.
The Gross Non-Performing Assets (GNPA) ratio decreased to 2.50% in Q2FY25, down from 3.32% in Q2FY24. Similarly, the Net Non-Performing Assets (NNPA) ratio improved to 0.60% from 0.76% in the previous year.
The bank’s capital adequacy ratio also strengthened, increasing to 16.26%, up from 15.30% in the same quarter last year.
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Shares of Bank of Baroda Ltd ended at ₹241.60, up by ₹0.40, or 0.17% on the BSE.
