Bank Of Baroda Q4FY23 Quarter Results

Bank Of Baroda’s net profit grew over 158% YoY
  • 16 May 2023
  • Bank Of Baroda’s net revenues (net interest income plus other income) grew by 7.2% quarter-on-quarter (QoQ) during the quarter ended March (Q4FY23).
  • On a year-on-year (YoY) basis, it witnessed a growth of 44.8%.
  • Its expenses for the quarter were up by 12.8% QoQ and 44.2% YoY.
  • Provisions & contingencies decreased by 39% QoQ and 50% YoY.
  • The bank’s net profit grew 22.1% QoQ and 158.7% YoY
  • The bank’s capital adequacy ratio (CAR) stood at 16.73% in March 2023 quarter.
  • Net non-performing assets (NPAs) were at 0.89% of net advances as of March 2023.
  • The earnings per share (EPS) of Bank Of Baroda stood at 10.2 during Q4FY23.

Bank Of Baroda’s financial statements for Q4FY23:

(Rs, crores)

Q4FY22

Q3FY23

Q4FY23

QoQ (%)

YoY (%)

Total Income

22,470.5

30,352.7

32,528.1

7.2%

44.8%

Total Expenses

16,145.4

20,633.3

23,273.8

12.8%

42.2%

Provisions & contingencies

4,315.0

3,540.1

2,158.4

-39.0%

-50.0%

Profit before tax

2,010.1

6,179.3

7,095.9

14.8%

253.0%

Tax

121.9

2,013.2

1,985.8

121.9%

-

Profit after tax

2,031.6

4,305.7

5,255.2

22.1%

158.7%

Earnings per share

3.9

8.3

10.2

(Rs, crores)
Q4FY22
Q3FY23
Q4FY23
QoQ (%)
YoY (%)
Total Income
22,470.5
30,352.7
32,528.1
7.2%
44.8%
Total Expenses
16,145.4
20,633.3
23,273.8
12.8%
42.2%
Provisions & contingencies
4,315.0
3,540.1
2,158.4
-39.0%
-50.0%
Profit before tax
2,010.1
6,179.3
7,095.9
14.8%
253.0%
Tax
121.9
2,013.2
1,985.8
121.9%
-
Profit after tax
2,031.6
4,305.7
5,255.2
22.1%
158.7%
Earnings per share
3.9
8.3
10.2

Data Source: BSE, Company announcements

Want to keep a tab on Indian listed companies? Open an account and get daily stock research updates from Kotak Securities.

The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Open Demat Account
or Resume your Application
+91 -

personImage