Financial institution of Baroda Q1 Outcomes: PAT grows 2% YoY to Rs 4,541 crore, NII decline 1.4%

State-lender Financial institution of Baroda (BoB) on Friday reported a 2% development in its Q1 standalone internet revenue to Rs 4,541 crore versus Rs 4,458 crore within the year-ago interval. The corporate’s internet curiosity earnings (NII) stood at Rs 11,435 crore which was down 1.4% from Rs 11,600 crore reported within the corresponding quarter of the final monetary 12 months.

The NII consists of the impression of reclassification of curiosity on earnings tax refund, an organization submitting to the exchanges stated.

Deposits

BoB’s home deposits have been reported at Rs 12.04 lakh crore, witnessing an 8% uptick over Rs 11.14 lakh crore within the 12 months in the past interval. Worldwide Deposits have been up from Rs 2.01 lakh crore in Q1FY25 to Rs 2.31 lakh crore in Q1FY26, recording a 15% development.

Whole deposits stood at Rs 14.35 lakh crore, a 9% YoY uptick.

Advances

Retail Advances have been up 17% from Rs 2.22 lakh crore in Q1FY25 to Rs 2.61 lakh crore in Q1FY26. Home Gross Advances grew 12% to Rs 9.91 lakh crore from Rs 8.81 lakh crore within the 12 months in the past interval. Whole advances have been 14% up YoY at Rs 2.15 lakh crore within the quarter beneath evaluation.

Asset high quality

GNPA Ratio stood at 2.28% in Q1FY26, declining by 60 bps over 2.88% within the 12 months in the past interval. The NNPA ratio stood at 0.60 in Q1FY26, declining 9 bps on a YoY foundation.

Capital Adequacy Ratio elevated 79 bps YoY from 16.82% in Q1FY25 to Rs 17.61% in Q1FY26.
The PSU financial institution’s working revenue was reported at Rs 8,236 crore, a 15% development over Rs 7,161 crore reported within the 12 months in the past interval.
Additionally Learn: Cipla Q1 Outcomes: Cons PAT rises 10% YoY to Rs 1,298 crore, income up 4%

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