Business

Bank of Baroda Reports a Modest 1.9% Increase in Net Profit to Rs 4.5k cr in Q1 FY26

Bank of Baroda's Q1 FY26 Financial Performance

MUMBAI: Bank of Baroda has announced a slight increase in its net profit for the June quarter, marking a 1.9% rise to Rs 4,541.4 crore from Rs 4,458.2 crore a year earlier. This growth comes despite challenges such as a dip in net interest income and higher provisions, which were offset by strong growth in deposits and advances.

Bank of Baroda net rises 1.9% to Rs 4.5k cr

The bank's performance highlights the resilience of its business model in navigating the current financial landscape. Investors and stakeholders are keenly observing these developments as indicators of the bank's future trajectory.