365telugu.com online news, MUMBAI, India, July 25, 2025 :Bank of Baroda (BoB) today announced its financial results for the first quarter ended June 30, 2025 (Q1 FY26), showcasing a strong operating performance characterized by calibrated growth and resilient asset quality. The bank reported a 15% year-on-year (YoY) increase in Operating Profit.
Key Financial Highlights (Q1 FY26 vs. Q1 FY25):
- Operating Profit: Grew by 15% YoY to INR 8,236 crore (from INR 7,161 crore).
- Net Profit: Stood at INR 4,541 crore, a 1.9% YoY increase from INR 4,458 crore.
- Non-Interest Income: Surged by a remarkable 88% YoY to INR 4,675 crore, primarily driven by a nearly 7x growth in Treasury Income to INR 2,226 crore.
- Cost to Income Ratio: Improved by 30 basis points (bps) YoY, standing at 48.87%, reflecting efficient cost management.
- Return on Assets (ROA): Maintained above 1% at 1.03%.
- Return on Equity (ROE): Stood at 15.05%.
- Global Net Interest Margin (NIM): Recorded at 2.91%, with Domestic NIM at 3.06%.
Robust Asset Quality:
Bank of Baroda continues to demonstrate strong asset quality.
- Gross Non-Performing Assets (GNPA) Ratio: Reduced by 60 bps YoY to 2.28% in Q1 FY26 from 2.88% in Q1 FY25. The absolute GNPA value decreased by 10.7% YoY to INR 27,572 crore.
- Net Non-Performing Assets (NNPA) Ratio: Improved by 9 bps to 0.60% in Q1 FY26 from 0.69% in Q1 FY25.
- Provision Coverage Ratio (PCR): Healthy at 93.18% (including Technical Write-Offs – TWO) and 74.04% (excluding TWO).
- Credit Cost: Remained low at 0.55% for the quarter.
- Slippage Ratio: Stood at 1.16%.
Strong Business Growth:
The bank’s business expanded steadily, driven by robust retail loan growth.
- Global Advances: Registered a growth of 12.6% YoY to INR 12,07,056 crore.
- Domestic Advances: Grew by 12.4% YoY to INR 9,91,363 crore.
- Organic Retail Advances: Posted a strong growth of 17.5% YoY, with significant contributions from:
- Mortgage Loan: 18.6%
- Auto Loan: 17.9%
- Home Loan: 16.5%
- Education Loan: 15.4%
- Personal Loan: 19.5%
- Retail, Agri Loans, and MSME (RAM) Share in Advances: Improved by 300 bps YoY to 62.7%. The RAM portfolio grew by 18% in Q1 FY26.
- Agriculture Loan Portfolio: Grew by 16.2% YoY to INR 1,61,764 crore.
- Organic MSME Portfolio: Increased by 13.1% YoY to INR 1,35,660 crore.
- Corporate Advances: Registered a growth of 4.2% YoY, standing at INR 3,70,266 crore.
Deposits and Capital Adequacy:
- Global Deposits: Grew by 9.1% YoY to INR 14,35,634 crore.
- Domestic Deposits: Increased by 8.1% YoY to INR 12,04,283 crore.
- Domestic CASA Deposits: Registered a growth of 5.5% YoY, reaching INR 4,73,637 crore.
- International Deposits: Grew by 14.8% YoY to INR 2,31,351 crore.
- Capital to Risk-weighted Assets Ratio (CRAR): Stood at 17.61% in June 2025. Tier-I was 15.15% (CET-1 at 14.12%, AT1 at 1.03%) and Tier-II at 2.46%.
- Consolidated CRAR: Stood at 18.29% and CET-1 at 14.84%.
- Liquidity Coverage Ratio (LCR) Consolidated: Approximately 119%.
The bank’s robust balance sheet and continued focus on retail and priority sector lending underscore its strategic position for sustained growth in the current fiscal year.