Public sector lender records its highest-ever quarterly net profit; net interest income rises 9% to ₹13,026 crore as domestic advances grow 13.5%
MUMBAI, (Economy India): Bank of Baroda (BoB) on Friday reported its highest-ever quarterly net profit of ₹6,532 crore for the second quarter of financial year 2026-27, registering a strong year-on-year growth of 35.8% compared with ₹4,809.39 crore in the corresponding quarter of the previous financial year.
The public sector lender also reported an improvement in its core interest income, with net interest income (NII) rising 9% to ₹13,026 crore during the July-September quarter, according to its stock exchange filing.
The record quarterly profit marks a significant milestone for the bank, reflecting growth in its reported earnings and lending operations during the quarter.
Bank of Baroda Q2 FY27: Net Profit Rises 35.8%
Bank of Baroda’s net profit increased to ₹6,532 crore in Q2 FY27 from ₹4,809.39 crore in Q2 FY26.
The year-on-year increase of 35.8% represents an improvement of more than ₹1,722 crore in quarterly profit. The bank described the performance as its highest-ever quarterly net profit.
Net Interest Income Grows 9% to ₹13,026 Crore
The bank’s net interest income expanded by 9% to ₹13,026 crore in the second quarter of FY27.
NII represents the difference between interest earned by a bank on loans and investments and the interest it pays on deposits and borrowings. Its growth is an important indicator of the performance of a bank’s core lending and deposit-taking operations.
Domestic Advances Increase 13.5%
Bank of Baroda reported continued expansion in its domestic lending business. Domestic advances stood at ₹11,87,944 crore, registering year-on-year growth of 13.5%.
The bank’s global advances reached ₹15,12,448 crore, marking a growth of 18.3% compared with the corresponding period last year.
The expansion in advances indicates growth in the bank’s overall credit portfolio across domestic and international operations.
Bank of Baroda Q2 FY27: Key Financial Highlights
| Particulars | Q2 FY27 |
|---|---|
| Net profit | ₹6,532 crore |
| Net profit in Q2 FY26 | ₹4,809.39 crore |
| Net profit growth | 35.8% |
| Net interest income | ₹13,026 crore |
| NII growth | 9% |
| Domestic advances | ₹11,87,944 crore |
| Domestic advances growth | 13.5% |
| Global advances | ₹15,12,448 crore |
| Global advances growth | 18.3% |
Record Profit Marks Strong Quarter for Public Sector Lender
Bank of Baroda’s Q2 FY27 performance was led by record quarterly net profit, growth in net interest income and expansion in domestic and global advances.
The bank’s reported figures highlight the scale of its earnings and lending operations during the July-September quarter. Further details on asset quality, deposits, provisions, operating expenses and capital adequacy would provide a more comprehensive picture of its financial performance.
(Economy India)
