Strong margins, improved asset quality and retail credit expansion support performance.
MUMBAI, Oct 31 (The CONNECT) – Bank of Baroda today announced its financial results for the quarter and half year ended 30th September 2025, reporting resilient business growth, stable profitability and continued improvement in asset quality.
For Q2 FY26, the Bank reported a Net Profit of ₹4,809 crore, an increase of 5.9% quarter-on-quarter. Net Profit for H1 FY26 stood at ₹9,351 crore. Operating Profit for the quarter was ₹7,576 crore and ₹15,812 crore for the half year. Net Interest Income (NII) rose to ₹11,954 crore in Q2, supported by healthy loan growth and improved margins. Non-interest income stood at ₹3,515 crore during the quarter, contributing to earnings stability.
The Bank’s asset quality continued to strengthen, with Gross NPA declining to 2.16% and Net NPA improving to 0.57% in Q2 FY26. The Provision Coverage Ratio (PCR) remained robust at 93.21% (including write-offs). Credit cost was contained at 0.29% for the quarter.
Net Interest Margin (Global) improved sequentially to 2.96%, with Domestic NIM at 3.10%. Return on Assets was maintained above 1%, at 1.07%, while Return on Equity improved to 15.37% in the quarter.
The Bank recorded 11.9% YoY growth in global advances, led by strong expansion in retail loans, which grew 17.6% YoY across home loans, mortgages, auto loans, personal loans and education loans. The RAM portfolio (Retail, Agriculture and MSME) increased to 61.7% of total advances.
