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 |
Data Source: BSE, Company announcements
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