• Bank of Baroda’s (BOB) net revenues (net interest income plus other income) increased by 3.5% quarter-on-quarter (QoQ) during the quarter ended September (Q2FY22). On a year-on-year (YoY) basis, it grew marginally by 0.6%.
  • Provisions & contingencies were down by 37.6% QoQ and up by 5.9% on a YoY basis.
  • Net profit grew 82.7% QoQ and 22.4% YoY.
  • The bank’s capital adequacy ratio (CAR) stood at 16.1% in Sept 2021 quarter.

BOB’s Financial Statements for Q2FY22:

(Rs, crores) Q2FY21 Q1FY22 Q2FY22 QoQ (%) YoY (%)
Total Income 21,861.2 21,249.2 21,998.8 3.5% 0.6%
Total Expenses 16,544.0 15,250.1 16,166.3 6.0% -2.3%
Provisions & contingencies 2,583.7 4,388.3 2,737.3 -37.6% 5.9%
Profit before tax 2,733.6 1,610.8 3,095.1 92.1% 13.2%
Tax 939.3 441.6 900.1 103.8% -4.2%
Profit after tax 1771.2 1,186.5 2,167.9 82.7% 22.4%
Earnings per share 3.8 2.3 4.2    

Data Source: BSE, Company announcements

Want to get more analysis on Indian listed companies? Open an account and get daily stock research updates from Kotak Securities.

The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results