Bank of Baroda Q4 profit beats estimates with strong growth
after close1 source ↓written by the desknot a recommendation
- YoY
- 11.3%
- NPAs declining
- 1.89%
- in the previous
- 2.04%
Bank of Baroda reported a net profit of ₹5,615.7 cr for Q4, up 11.3% YoY, exceeding estimates of ₹4,787.2 cr. Net interest income rose 8.7% to ₹12,493.7 cr, surpassing expectations. Asset quality improved, with gross NPAs declining to 1.89% from 2.04% in the previous quarter, indicating stronger financial health.
Not investment advice. For informational purposes only.