Bank of Baroda — Results, 10-02-2025: Integrated Filing- Financial
10-02-2025 | 04:25 pm
10-02-2025 | 04:25 pm
Bank of Baroda has announced a board meeting to discuss the financial results for the quarter and nine-months ended December 31, 2024. The bank reported a net profit of ₹4,837 crore for Q3FY25, reflecting a 5.6% year-on-year increase, with a nine-month net profit of ₹14,533 crore, up 12.6%. Asset quality remains strong, with a gross NPA ratio of 2.43% and a net NPA ratio of 0.59%. Capital adequacy stands at a healthy 15.96%. The bank's organic retail advances grew by 19.5%, indicating robust demand in key sectors. This performance may foster a positive outlook among investors, given the strong profit growth and improved asset quality metrics.
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