Shares of Bank of Baroda fall 10% as net interest income declines 7%, Q4 provisions increase, and net profit increases 3%.
- Kshipra
- May 6
- 1 min read
On May 6, Bank of Baroda's stock fell 10% after the PSU lender revealed a 7% decline in net interest income (NII) and an increase in provisions. However, the net profit for the fourth quarter, which ended in March 2025, increased 3.2% to Rs 5,047.7 crore. In the previous year's March quarter, the company generated a profit of Rs 4,886.5 crore. Following a 16 percent decline on June 4, 2024, this is the largest decline in the lender's stock.
According to a regulatory statement by the BoB, the NII fell 7% to Rs 11,019 crore during the reviewed quarter from Rs 11,793 crore during the same period last year.
The quarter's total revenue increased from Rs 33,774.87 crore YoY to Rs 35,851.85 crore.
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