Shares of Bank of Baroda on the BSE ended at ₹238.50, up ₹3.00 or 1.24% after the announced Q2 results.
The bank posted a record quarterly net profit of ₹6,532 crore, marking a 35.8% year‑on‑year jump and the highest ever for the lender.
Operating profit surged to ₹11,430 crore, a 50.9% increase, while operating income climbed to ₹19,907 crore, up 28.7% YoY. Net interest income rose 9% to ₹13,026 crore and non‑interest income jumped 95.8% to ₹6,881 crore.
Provisions jumped 93.3% YoY to ₹2,381.8 crore, up from ₹1,232.47 crore a year ago and from ₹643.03 crore in the previous quarter. Despite the rise, asset quality improved: gross NPA fell 38 bps to 1.78%, net NPA 20 bps to 0.37%, and the provision coverage ratio climbed to 94.65%.
Operating expenses increased 7.4% year‑on‑year to ₹8,477 crore. Capital adequacy strength remains solid, with CRAR at 16.61% and CET‑1 at 14.65%. The quarterly average liquidity coverage ratio was about 133.6%.
Looking ahead, investors will be watching the upcoming Q3 FY27 earnings release for any guidance on profitability, provisions, and asset‑quality trends.