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Bank of Baroda, for the fourth quarter ended March 31, 2025, reported 3% growth in standalone net profit at ₹5,048 crore as compared with ₹4,886 crore in the year ago period due to fall in Net Interest Income (NII) and reduction in Net Interest Margin (NIM).
NII during the quarter fell 6.6% to ₹11,020 crore from ₹11,793 crore a year ago. This led the bank’s stock to plunge over 10% on the BSE on Tuesday.
Global NIM during the quarter reduced to 2.86% 3from 3.27% in the year-ago period.
During the quarter, the bank had made a provision of ₹1,552 crore, which was 19% more than ₹1,302 crore in the same period last year.
The board has recommended a dividend of ₹8.35 per share.
For FY25, the bank’s net profit grew 10% Year on Year (YoY) to ₹19,581 crore. While NII grew 2% YoY to ₹45,659 crore, provisions for the year fell 1.6% to ₹5,980 crore.
The Gross NPA of the bank was reduced by 12.6% YoY to ₹27,835 crore in FY25 and Gross NPA Ratio improved to 2.26% in FY25 from 2.92% in FY24.
The Net NPA Ratio of the bank stood at ₹6,994 crore as compared with ₹7,213 crore a year earlier.
Slippage ratio declined to 0.78% for FY25 as against 0.99% in FY24.
Domestic advances of the bank increased to ₹10,21,112 crore, up 13.7% YoY. Domestic deposits increased by 9.3% YoY to ₹12,42,169 crore in March 2025..
Organic retail advances grew by 19.4%, led by strong growth across segments such as auto loan (20.3%), mortgage loan (18.9%), home loan (17.3%), education loan (15.9%) on a YoY basis. The agriculture loan portfolio grew by 14.2% YoY to ₹1,58,324 crore.
Organic MSME portfolio grew by 14.2% YoY to ₹1,36,377 crore and corporate advances registered a growth of 8.6% YoY and stood at ₹4,12,274 crore.
Published – May 06, 2025 11:00 pm IST
