https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

Bank of Baroda Reports 5.6 Percent Rise in Q3 Profit at Rs. 4,837 Crore

Total income for the quarter rose to ₹34,676 crore, up from ₹31,416 crore a year ago, as per the regulatory filing. Interest income also saw a slight increase, reaching ₹30,908 crore compared to ₹28,605 crore in the corresponding period last year.
Indian Masterminds Stories

State-owned Bank of Baroda (BoB) reported a 5.6% increase in its net profit, reaching ₹4,837 crore for the December quarter, driven by lower interest income. In comparison, the bank had posted a net profit of ₹4,579 crore during the same period last year.

Total income for the quarter rose to ₹34,676 crore, up from ₹31,416 crore a year ago, as per the regulatory filing. Interest income also saw a slight increase, reaching ₹30,908 crore compared to ₹28,605 crore in the corresponding period last year.

The moderate profit growth was attributed to a nearly 3% rise in Net Interest Income (NII), which stood at ₹11,417 crore for Q3FY25, up from ₹11,101 crore a year ago, said BoB MD and CEO Debadatta Chand in a media briefing. Operating profit grew to ₹7,664 crore from ₹7,015 crore in the previous fiscal’s third quarter.

On the asset quality front, the bank improved its gross non-performing assets (NPAs) ratio to 2.43%, down from 3.08% last year. Net NPAs also decreased to 0.59% from 0.7% a year ago. However, provisions (excluding tax) rose to ₹1,082 crore for the quarter, compared to ₹666 crore last year.

The bank’s net interest margin (NIM) dropped to 2.9% from 3.10% in Q3FY24. Despite this, the outlook for NIM remains in the range of 3-3.10% for the current fiscal. The Capital Adequacy Ratio fell to 14.72%, down from 15.96% last year, though the bank stated that no additional fundraising is required to support credit growth this year.


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
himachal-pradesh
HAS Officer Sanjeev Kumar Bhot Seeks Voluntary Retirement Citing Frequent Transfers
Troop Comforts Limited TCL
IOFS Sunil Date Appointed as CMD of Troop Comforts Limited - Know About Him
North Eastern Electric Power Corporation Limited (NEEPCO)
NEEPCO Awards ₹718 Crore Hydropower Contract to Patel Engineering
Himachal Pradesh High Court
Himachal Pradesh High Court Raises Concerns Over Police Reforms, Violations of IPS Cadre Rules
Telangana High Court
Telangana High Court Issues Notices to IAS, IPS Officers Over Alleged Bhoodan Land Grab
Bihar police
3 IPS Officers Appointed to Key Roles Ahead of Bihar Elections, Kundan Krishnan Made State Nodal Police Officer
Ajay Bhadoo IAS
IAS Ajay Bhadoo Given Addl Charge of DGFT for Three Months
BHEL_resized
IFS Shiv Pal Singh's Tenure as CVO of BHEL Extended Until 2026 - Know About Him
ADVERTISEMENT
ADVERTISEMENT
Videos
WAVES 2025 (Ashutosh Mohile)
A Davos-Like Media & Entertainment Summit in Mumbai
Aditya Vikram Agarwal
The Shouts of Joy Were Real: Aditya’s UPSC Rank 9 Was a Family Celebration
Dr Lokesh M IAS
E-Rickshaw Chaos, Waterlogging, Traffic Mess — Can Noida Fix Its Daily Chaos? | Exclusive with Dr Lokesh M, IAS
ADVERTISEMENT
UPSC Stories
Sanskriti Trivedy
AIR 17 Sanskriti Trivedy’s Final Shot at UPSC Hits the Bullseye
Despite already securing Rank 352 and joining IDAS, SanskritiTrivedy didn’t give up on her dream. In...
Aditya Vikram Agarwal
The Shouts of Joy Were Real: Aditya’s UPSC Rank 9 Was a Family Celebration
“UPSC is not the only path. If you are in any field… UPSC is not the only way to serve the nation. Be...
Raj Krishna Jha UPSC
Managing Study with a Full-Time Job, 4 Failures, & a Dream: UPSC Topper Raj Krishna Jha's Journey | Exclusive
From repeated failures to AIR 8, Raj Krishna Jha’s UPSC success proves that perseverance and strategic...
Social Media
GozJlgrXYAAHoKv
Murals for Cleanliness: Thoothukudi District Launches Art-Inspired Sanitation Drive in Panchayats
Local artists add colour and messages to village walls, promoting hygiene and community pride
Himanshu Nagpal IAS
Varanasi's Beggar Rehabilitation Initiative Recognised by UIDAI, CDO Himanshu Nagpal Shares the News
Mr. Himanshu Nagpal is a 2019-batch IAS officer
IAS Vaishali Chopra
Young IAS Vaishali Chopra Takes a Stand Against Caste Bias During Field Training in Uttar Pradesh
While the issue itself may seem small, the post is resonating widely online for its honest reflection...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
WhatsApp Image 2025-04-24 at 19.35
Why Does One Join The IAS – To Serve Self Or To Serve Others?
himachal-pradesh
HAS Officer Sanjeev Kumar Bhot Seeks Voluntary Retirement Citing Frequent Transfers
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
WAVES 2025 (Ashutosh Mohile)
Aditya Vikram Agarwal
Dr Lokesh M IAS
ADVERTISEMENT
ADVERTISEMENT