Bank Of Baroda has informed the Exchange about Transcript of Media meet & Analyst Meet Q2 FY 2025-26
BANKBARODA · price
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Bank of Baroda reported a strong Q2 FY26 with global advances up 11.9% YoY led by RAM (Retail 17.6%, Agri 17.4%, MSME 13.9%). Net profit stood at ₹4,809 crore, growing 22% YoY excluding a one-off recovery in the base quarter. NIM improved 5 basis points sequentially to 2.96%, with full-year guidance maintained at 2.85%-3%. Asset quality remained robust with GNPA at 2.16%, NNPA at 0.57%, slippage ratio at 0.91%, and credit cost at 0.29%. The bank made a ₹400 crore floating provision toward ECL implementation by April 2027. Corporate loan growth was muted at 3% YoY, but management guided 10%-11% full-year growth backed by a ₹40,000 crore undisbursed sanction pipeline and ₹25,000 crore under process. Capital position remains strong with CRAR at 16.54%.
The improving NIM trajectory, strong asset quality, and healthy retail-led growth signal a positive quarter for shareholders. The maintained corporate loan growth guidance and visible pipeline should support credit growth in H2 FY26, though muted non-interest income from lower Treasury gains could keep near-term profitability range-bound.