Bank of Baroda shared its business update for the quarter ending June of financial year 2025-26 on Thursday, July 3.
The state-owned bank’s global business as of June 30, 2025, grew 10.7% year-on-year (YoY) to ₹26.43 trillion as compared to ₹23.87 trillion in the same quarter last fiscal year.
Its global deposits also increased 9.13% YoY to ₹14.35 trillion during the quarter as compared to ₹13.15 trillion in Q1 FY25. The global advances of the bank also increased 12.63% to ₹12.07 trillion as of June 30, 2025, as against ₹10.71 trillion YoY.
The lender’s domestic operations also saw strong growth, with domestic advances jumping 12.45% to ₹9.91 trillion year on year.
Shares of Bank of Baroda (BoB) settled at ₹242.10 apiece on the National Stock Exchange, losing 0.39% on Thursday.
According to NSE, the bank has a market capitalisation of ₹1.25 lakh crore.
March quarter earnings
For the quarter ending March 31, 2025, Bank of Baroda had reported a 3.2% rise in its net profit at ₹5,047.73 crore as compared to 4,886.49 crore in the corresponding quarter last fiscal year.
The PSU bank’s net interest income (NII), however, had declined 6.6% to ₹11,019 crore year-on-year (YoY) as against ₹11,793 crore in Q4 FY24.
On the asset quality front, Bank of Baroda’s gross non-performing asset (NPA) was reported at 2.26% in contrast to 2.43% quarter-on-quarter (QoQ). Net NPA for Q4 FY25 was seen at 0.58% as against 0.59% QoQ.
For Q4 FY25, the net interest margin (NIM) of the lender stood at 2.86% in contrast to 2.94% QoQ. Its global business had crossed ₹27 lakh crore as of March 31, 2025, while credit cost remained below 1% at 0.47% for FY25.
BoB’s global advances registered a growth of 12.8% YoY, and domestic advances grew by 13.7% in FY25, led by robust retail loan book growth.
Domestic current account and savings account (CASA) deposits also registered a growth of 6.4% YoY at ₹4,96,462 crore as of March 31, 2025.
Bank of Baroda had said it maintained a strong asset quality in FY25 performance with 10.1% YoY growth in net profit.