Bank of Baroda Q4 results: PAT grows 11% YoY to Rs 5,616 crore; NII up 9%

Bank of Baroda (BoB) reported a consolidated net profit of Rs 5,616 crore for the March-ended quarter, up 11.2% from Rs 5,048 crore in the year ago period. The state-lender’s net interest income (NII) rose 9% year-on-year to Rs 12,494 crore in Q4FY26, compared to Rs 11,494 crore in the corresponding quarter of the last financial year.

Meanwhile, non-interest income fell 16% to Rs 3,967 crore in the quarter under review, down from Rs 4,735 crore in Q4FY25.

Deposits

Global deposits jumped 12% from Rs 14.72 lakh crore in Q4FY25 to Rs 16.48 lakh crore in Q4FY26. In this, domestic deposits stood at Rs 14.01 lakh crore, up 13% YoY from Rs 12.42 crore in Q4FY25. Meanwhile, international deposits increased 7.5% to Rs 2.47 lakh crore versus Rs 2.29 lakh crore in the year-ago period.

Advances

PSU lender’s global advances jumped 16% to Rs 14.29 lakh crore versus Rs 12.30 lakh crore in the year-ago period. In this, domestic gross advances increased 15% to Rs 11.69 lakh crore in Q4FY26 versus Rs 10.21 lakh crore in Q4FY25.

Total business witnessed 14% YoY growth to Rs 30.78 lakh crore.

Asset quality
Gross NPAs fell 37 bps to 1.89% in Q4FY26 from 2.26% in Q4FY25 while the NET NPA declined 13 bps to 0.45% in Q4FY26 versus 0.58% in Q4FY25.
However, Capital Adequacy Ratio (CAR) fell 137 bps to 15.82% in Q4FY26 from 17.19% in the year ago period.

The operating profit stood at Rs 9,069 crore, up 11.5% from 8,132 crore in the year ago period.

Dividend

The company recommended a dividend of Rs 8.50 per equity share for the FY26 subject to the approval at the upcoming 30th Annual General Meeting of the bank. It has fixed record/cut off date as June 5, 2026 for the purpose of dividend payment.

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