Bank of Baroda (BANKBARODA) Q4 24/25 earnings summary

Executive summary

• Achieved highest-ever standalone and consolidated net profit for FY25, with standalone profit at ₹19,581 crore and consolidated profit at ₹20,716 crore, reflecting robust and stable performance across all business segments.

• Total global business surpassed ₹27 trillion, growing 11.4% year-over-year, with strong advances and deposits growth.

• Digital transformation accelerated, with 95% of transactions done digitally and significant growth in digital product adoption.

• Strong focus on sustainability, including new green finance initiatives, a net zero target by 2057, and a 'Strong' ESG risk rating.

• All regulatory and audit requirements were met with unmodified opinions, confirming compliance with standards.

Financial highlights

• Standalone net profit for FY25 was ₹19,581 crore, up from ₹17,789 crore in FY24; Q4 FY25 net profit was ₹5,048 crore.

• Global deposits increased 10.3% year-over-year to ₹14,72,035 crore; global advances up 12.8% to ₹12,30,461 crore.

• Net interest income rose 2.1% year-over-year to ₹45,659 crore; non-interest income increased 14.8% to ₹16,647 crore.

• Operating profit for Q4 was ₹8,132 crore; full-year operating profit grew 4.7% to ₹32,435 crore.

• Book value per share increased to ₹223.0; earnings per share rose to ₹38.

Outlook and guidance

• Guidance for FY26: deposit growth 9-11%, advances growth 11-13%.

• Dividend of ₹8.35 per share recommended for FY25, subject to approval.

• Net zero emissions target by 2057 and 40% reduction in Scope 1 & 2 emissions by 2029.

• Renewable energy sector financing target set at 50% of total energy sector by 2029.

• Q1 expected to be challenging for NIM, with improvement anticipated from Q2 onwards.