Bank of Baroda Q3 FY2025-26 net profit up 4.5% YoY to ₹5,055cr on strong loan growth, stable NIMs and benign credit costs
Summary:
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Standalone net profit for Q3 FY2025-26 rose 4.5% year-on-year to ₹5,055 crore, taking 9M FY2025-26 profit to ₹14,405 crore, with ROA at 1.09% and ROE at 15.59% for the quarter.
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Net interest income was ₹11,800 crore in Q3 and ₹35,189 crore for 9M, while non-interest income grew 5.9% YoY to ₹3,600 crore in Q3 and 6.7% YoY to ₹11,790 crore over 9M, keeping operating profit at a solid ₹7,377 crore for the quarter despite 6.7% higher operating expenses.
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Asset quality improved further as gross NPA fell to 2.04% (from 2.43% a year earlier), net NPA held at 0.57%, provision coverage (with write-offs) stood at 92.73%, slippage ratio eased to 0.86% and credit cost stayed low at 0.17% in Q3 and 0.34% for 9M.
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Domestic advances grew 13.6% YoY (global +14.7%), led by 17.4% growth in organic retail loans and double-digit rises across mortgages, auto, home, education and personal loans, while RAM (retail, agri, MSME) share in advances increased 190 bps to 61.8%.
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The balance sheet remains strong with CRAR at 15.29% (CET1 12.45%), consolidated LCR around 116%, global deposits up 10.3% YoY and cost of deposits down 33 bps YoY to 4.75%, supporting growth without pressuring funding.