Bank of Baroda Q2 Results: Net profit jumps 35.8% to Rs 6,532 crore, NII rises 9%; beat estimates
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Bank of Baroda reported a net profit of Rs 6,532 crore for the September quarter (Q2 FY27), a 35.8 per cent jump.
- ✓The bank also saw its net interest income rise 9 per cent to Rs 13,026 crore.
- ✓These results beat Zee Business estimates as the bank improved its asset quality.
Story at a Glance
- Category
- MARKET
- Reported By
- Zee Business
- Reading Speed
- 5 Minute(s)
- Market Focus
- India Economy
State-owned Bank of Baroda on Friday reported better-than-expected financial results for the September quarter (Q2 FY27). Image Credit: ANI
State-owned Bank of Baroda on Friday reported better-than-expected financial results for the September quarter (Q2 FY27), with net profit and net interest income (NII) surpassing Zee Business estimates.
The bank also reported an improvement in asset quality, with both gross and net non-performing asset (NPA) ratios declining sequentially.
The bank reported a net profit of Rs 6,532 crore in Q2 FY27, registering a 35.8 per cent year-on-year (YoY) increase against Rs 4,810 crore in the corresponding quarter last year. The profit was higher than the Zee Business estimate of Rs 5,290 crore.
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