Total income rose to Rs 41,966.05 crore, while net revenue, comprising NII and other income, stood at Rs 19,906.99 crore. Operating profit before provisions and contingencies surged 50.87% to Rs 11,430.11 crore from Rs 7,575.95 crore.

MUMBAI: Bank of Baroda reported a 35.81% year-on-year increase in standalone net profit to Rs 6,531.54 crore for the quarter ended Sept 30, 2026, from Rs 4,809.39 crore a year earlier, driven by a sharp rise in other income, higher core earnings and improved asset quality.Net interest income (NII), the difference between interest earned and interest expended, rose 8.98% to Rs 13,026.27 crore. Interest earned increased 11.34% to Rs 35,085.33 crore, supported by a 13.82% rise in interest on advances and bills to Rs 26,754.46 crore. Advances grew 18.49% year-on-year to Rs 1,491,037.83 crore as of Sept 30, 2026. Interest expense rose 12.80% to Rs 22,059.06 crore, while deposits increased 16.36% to Rs 174,543.39 crore from Rs 150,001.48 crore a year earlier.Other income nearly doubled, rising 95.76% to Rs 6,880.72 crore from Rs 3,514.95 crore. Separately, treasury operations recorded a 46.78% increase in segment revenue to Rs 12,381.78 crore, while segment profit rose 175.65% to Rs 6,120.44 crore from Rs 2,220.41 crore. Wholesale banking segment revenue grew 13.16% to Rs 13,511.26 crore, while retail banking revenue increased 9.69% to Rs 15,931.72 crore.Total income rose to Rs 41,966.05 crore, while net revenue, comprising NII and other income, stood at Rs 19,906.99 crore. Operating profit before provisions and contingencies surged 50.87% to Rs 11,430.11 crore from Rs 7,575.95 crore. Operating expenses increased 7.4% to Rs 8,476.88 crore. Employee expenses rose 12.86% to Rs 4,582.72 crore, while other operating expenses increased 1.63% to Rs 3,894.16 crore.Provisions and contingencies increased 93.26% to Rs 2,381.83 crore from Rs 1,232.47 crore. With no exceptional items reported for the quarter, profit before tax rose 42.64% to Rs 9,048.28 crore from Rs 6,343.48 crore. After a tax expense of Rs 2,516.74 crore, net profit stood at Rs 6,531.54 crore.Asset quality improved across key parameters. The gross non-performing asset (GNPA) ratio declined 38 basis points year-on-year to 1.78% from 2.16%, while gross NPAs fell to Rs 26,896.55 crore from Rs 27,599.75 crore. The net NPA ratio declined 20 basis points to 0.37% from 0.57%, while net NPAs fell 22.69% to Rs 5,520.47 crore.The capital adequacy ratio under Basel III stood at 16.61% as of Sept 30, 2026, against 16.54% a year earlier. The common equity tier 1 (CET1) ratio strengthened 84 basis points to 14.20% from 13.36%. Annualised return on assets improved to 1.26% from 1.07%.