y-o-y
Bank of Baroda shared its business update for the quarter ending June of the financial year 2025-26 on Thursday, July 3.
The government-owned bank’s global business grew 10.7%
y-o-y to ₹26.43 trillion as of June 30, 2025, from ₹23.87 trillion in the same quarter of the previous fiscal.
Its global deposits also grew 9.13% y-o-y to ₹14.35 trillion during the quarter, from ₹13.15 trillion in the first quarter of FY 2025. The bank’s global advances also grew 12.63% to ₹12.07 trillion as of June 30, 2025, from ₹10.71 trillion in the same quarter of the previous fiscal.
The lender’s domestic operations also witnessed robust growth, with domestic advances rising 12.45% to ₹9.91 trillion.
Shares of Bank of Baroda (BoB) closed 0.39% lower at ₹242.10 on the National Stock Exchange on Thursday.
According to the NSE, the bank has a market capitalisation of ₹1.25 lakh crore.
March quarter earnings
For the quarter ended March 31, 2025, Bank of Baroda had reported a 3.2% rise in its net profit at ₹5,047.73 crore as against ₹4,886.49 crore in the corresponding quarter of the previous fiscal.
However, the PSU bank’s net interest income (NII) declined by 6.6% to ₹11,019 crore as against ₹11,793 crore in Q4 FY24.
On the asset quality front, Bank of Baroda’s gross non-performing asset (NPA) was recorded at 2.26% as against 2.43% quarter-on-quarter (QoQ). Net NPA for Q4 FY25 was seen at 0.58% as against 0.59% quarter-on-quarter.
For Q4 FY25, the lender’s net interest margin (NIM) stood at 2.86% as against 2.94% quarter-on-quarter. Its global business had crossed ₹27 lakh crore as of March 31, 2025, while credit cost for FY25 remained below 1% at 0.47%.
Bank of Baroda’s global advances recorded a growth of 12.8% in FY25, while domestic advances grew by 13.7%, led by strong growth in the retail loan book.
Domestic current account and savings account (CASA) deposits also recorded a growth of 6.4% to ₹4,96,462 crore as of March 31, 2025.
Bank of Baroda had said it maintained strong asset quality with a 10.1% growth in net profit in FY25 performance.
