Bank of Baroda posted total income of ₹41,966.05 crore, up 12.3% from ₹39,123.50 crore in the same period last year. Net revenue – the sum of NII and other income – climbed 18.6% to ₹19,906.99 crore, a margin expansion that outpaced the sector average of 15.4%.
Net interest income rose 8.98% to ₹13,026.27 crore, while interest earned on advances surged 13.82% to ₹26,754.46 crore. Advances grew 18.49% year‑on‑year to ₹1,491,037.83 crore, pushing the bank’s loan book to a record high.
Other income nearly doubled, up 95.76% to ₹6,880.72 crore, largely from a 46.78% increase in treasury operations revenue. Segment profits in wholesale banking jumped 175.65% to ₹6,120.44 crore, reflecting higher fee‑based earnings.
Asset quality tightened: GNPA fell 38 basis points to 1.78%, while net NPA dropped 20 basis points to 0.37%. Gross NPAs slipped 22.69% to ₹26,896.55 crore, a sign of improving credit health.
Capital adequacy remained strong, with CET1 at 16.61% and total capital at 16.54% of risk‑weighted assets, both above Basel III thresholds. Return on assets rose 1.26% to 1.07%, indicating better asset utilisation.
The bank will file its Q4 results on October 15, 2026; no forward guidance was issued yet. Investors will focus on whether the bank can sustain its earnings growth amid a competitive lending environment.