Bank of Baroda (BoB) reports a 3.3% rise in net profit for Q4FY25, driven by an increase in total income, despite a decline in net interest income. The bank’s gross non-performing assets (GNPA) ratio improves, while the full-year profit shows a strong growth of 10.1%.
Bank of Baroda (BoB), a leading public sector bank based in India, reported a 3.3% year-on-year (YoY) increase in its standalone net profit for the fourth quarter of FY25. The bank’s net profit for Q4FY25 stood at ₹5,048 crore, up from ₹4,886 crore in Q4FY24. The result reflects a steady growth trajectory for the bank despite challenges in the banking sector.
In the quarter ending March 2025, Bank of Baroda’s total income rose by 6.15% YoY to ₹35,851.85 crore from ₹33,774.87 crore in Q4FY24. While the operating profit remained nearly flat, with a slight 0.3% YoY increase to ₹8,132 crore, the bank faced a decline in net interest income (NII), which fell by 6.6% YoY to ₹11,020 crore, compared to ₹11,793 crore in the same period last year.
The bank’s gross non-performing assets (GNPA) ratio improved significantly, declining 66 basis points YoY to 2.26% in Q4FY25, compared to 2.92% in Q4FY24. Similarly, the net non-performing assets (NNPA) ratio decreased by 10 basis points YoY, reaching 0.58% from 0.68% last year, signaling a more stable asset quality.
In terms of capital adequacy, Bank of Baroda’s capital ratio improved by 88 basis points YoY, rising to 17.19% in Q4FY25 from 16.31% in the same quarter the previous year. This demonstrates the bank’s strengthened capital base and ability to meet potential future risks.
For the full financial year FY25, Bank of Baroda’s net profit rose by 10.1% YoY, reaching ₹19,581 crore compared to ₹17,789 crore in FY24. The bank’s NII for FY25 showed a modest 2.1% YoY increase, rising to ₹45,659 crore from ₹44,722 crore in FY24.
Additionally, the bank’s domestic gross advances saw a robust increase of 13.7% YoY, reaching ₹10,21,112 crore, with a 19.4% increase in organic retail advances, which totaled ₹2,56,633 crore for the quarter.
These results reflect Bank of Baroda’s strong position in the Indian banking sector and its ability to manage challenges, including a decline in NII, while continuing to expand its market presence and improve asset quality.
