Bank of Baroda's Q2 FY 2025-26 Quarterly Results

Result Summary

• Bank of Baroda reported a 0.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 2.6%.
• Its expenses for the quarter were up by 0.4% QoQ and 6.0% YoY.
• The net profit increased 47.3% QoQ and decreased 4.2% YoY.
• The earnings per share (EPS) of Bank of Baroda stood at 9.93 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

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Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Bank of Baroda is a major public sector bank in India, providing a wide range of financial services and products. As a comprehensive banking institution, it offers services such as personal banking, corporate banking, international banking, treasury operations, and more. The bank is a key player in the Indian banking industry, known for its extensive branch network both domestically and internationally. Recent major developments in the banking sector include digital transformation initiatives and regulatory changes, although specific recent developments for Bank of Baroda are not provided in the current data.

Revenue

The total income for Bank of Baroda in Q2FY26 was ₹38,434.10 crores, which remained relatively stable compared to ₹38,404.16 crores in Q1FY26, marking a slight quarter-over-quarter increase of 0.1%. However, when compared to Q2FY25, there was a year-over-year decrease of 2.6% from ₹39,454.98 crores. The stability in quarterly income suggests consistent performance in revenue generation, while the year-over-year decline may indicate changes in the bank's income streams or market conditions over the past year.

Profitability

Profitability metrics for Bank of Baroda reveal a significant increase in profit after tax for Q2FY26, which amounted to ₹5,180.63 crores. This represents a notable quarter-over-quarter rise of 47.3% from ₹3,517.18 crores in Q1FY26. However, there is a slight year-over-year decrease of 4.2% from ₹5,404.97 crores in Q2FY25. The profit before tax also showed a robust quarter-over-quarter growth of 29.5%, reaching ₹6,694.97 crores in Q2FY26, although it was 9.9% lower than the previous year. Tax expenses decreased by 10.6% QoQ to ₹1,624.67 crores and showed a YoY decrease of 17.9%. Earnings per share (EPS) for Q2FY26 was ₹9.93, reflecting a 48.0% increase from the previous quarter and a 4.2% decrease from the same quarter last year.

Operating Metrics

The operational performance of Bank of Baroda can be assessed through its expenses and provisions. Total expenses for Q2FY26 were ₹29,941.32 crores, slightly increasing by 0.4% from ₹29,818.53 crores in Q1FY26, and 6.0% higher than in Q2FY25. Provisions and contingencies significantly decreased by 47.4% QoQ to ₹1,797.81 crores in Q2FY26, and by 52.3% YoY compared to ₹3,772.80 crores in the same quarter last year. This reduction in provisions could indicate changes in asset quality or risk management strategies. Overall, the operational metrics show that while expenses have slightly increased, the substantial reduction in provisions has positively impacted profitability.