Bank Of Baroda Posts Rs 5,048 Crore Q4 Profit, Dividend Announced

The bank’s total income during the January-March quarter rose to Rs 35,852 crore, up from Rs 33,775 crore in the year-ago quarter, according to the lender’s regulatory filing

BoB’s capital adequacy ratio improved to 17.19 per cent, compared to 16.31 per cent at the end of FY24

Source : JustDial

Public sector lender Bank of Baroda (BoB) on Tuesday reported a modest 3 per cent increase in its net profit for the fourth quarter of the financial year 2024-25, posting Rs 5,048 crore compared to Rs 4,886 crore in the same period last year. The earnings were supported by improved asset quality, though a decline in net interest income weighed on profitability.

The bank’s total income during the January-March quarter rose to Rs 35,852 crore, up from Rs 33,775 crore in the year-ago quarter, according to the lender’s regulatory filing. Interest income also witnessed an uptick, reaching Rs 30,642 crore as against Rs 29,583 crore in Q4 FY24.

However, net interest income (NII), which reflects the core earnings from lending activities after interest expenses, declined to Rs 11,020 crore in the March quarter. This marks a fall from Rs 11,793 crore reported in the same quarter last year, indicating pressure on lending margins amid changing interest rate dynamics.

Despite the dip in NII, the bank’s asset quality showed notable improvement. Gross Non-Performing Assets (NPAs) declined to 2.26 per cent of gross advances as of March 2025, compared to 2.92 per cent a year earlier. Net NPAs also fell to 0.58 per cent, down from 0.68 per cent at the end of the previous fiscal year. The provision coverage ratio stood robust at 93.29 per cent, reflecting a strong buffer against potential loan defaults.

BoB’s capital adequacy ratio improved to 17.19 per cent, compared to 16.31 per cent at the end of FY24, indicating a healthier capital position in line with regulatory requirements.

Dividend Announced

For the full financial year 2024-25, Bank of Baroda recorded a 10 per cent increase in net profit to Rs 19,581 crore, as against Rs 17,789 crore in FY24. Annual income also grew, reaching Rs 1,38,089 crore, up from Rs 1,27,101 crore in the previous year.

The bank’s board has proposed a dividend of Rs 8.35 per equity share (face value Rs 2) for FY25, subject to shareholder approval.