HighNeutral
Announced Fri, 24 Jul · 19:07 IST
Bank of Baroda Q1 Results: Profit falls 72% to Rs 1,278 crore on one-off settlement hit
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Bank of Baroda reported a 72% year-on-year fall in Q1FY27 net profit to Rs 1,278 crore, weighed down by a one-off exceptional item of about Rs 5,680 crore (USD 600 million) linked to a settlement. Excluding this charge, net profit would have been around Rs 5,528 crore. Underlying performance was healthy, with net interest income up 9% YoY at Rs 12,524 crore, global advances rising 17% YoY to Rs 14.16 lakh crore, gross NPA improving to 1.99% from 2.28% YoY, and capital adequacy at 16.30%.