Bank of Baroda shares hit 52-week low post Q3 earnings; check key numbers

Public sector lender Bank of Baroda slipped to its 52-week low on the indices after the company reported its October-December quarter earnings.

At 10:20 am, the stock tumbled 4.45% to ₹212.55 apiece on BSE. The scrip touched its 52-week low of ₹211.10 during the intraday trade.

Sequentially, the bank’s net profit declined by 7.6% from ₹5,238 crore in Q2FY25. Net interest income (NII) during the period grew marginally by 2.8% YoY to ₹11,417 crore, compared to ₹11,101 crore in Q3FY24.

Its net interest margin (NIM) moderated to 2.94% during the reporting quarter, down from 3.1% in Q3FY24.

The lender’s provisions for non-performing assets (NPAs) fell to ₹871 crore in Q3FY25, compared to ₹1,007 crore in Q3FY24. The asset quality profile improved, with gross NPAs declining to 2.43% in December 2024 from 3.08% in December 2023.

Bank of Baroda’s net NPAs also slipped to 0.59% in December 2024, compared to 0.7% in December 2023. The provision coverage ratio (PCR), including written-off accounts, stood at 93.51% in December 2024, compared to 93.39% a year ago.