Bank of Baroda announced Q2FY25 results BOB reported a standalone Net Profit of Rs 5,238 crore in Q2FY25 as against a profit of Rs 4,253 crore in Q2FY24 up by 23.2% YoY. Net Profit for H1FY25 stands at Rs 9,696 crore (+16.5% YoY) as against Rs 8,323 crore in H1FY24. Net Interest Income (NII) grew by 7.3% YoY to Rs 11,622 crore in Q2FY25. NII for H1FY25 registered a growth of6.4% and stands at Rs 23,222 crore. Non-Interest Income grew to Rs 5,181 crore in Q2FY25 as against Rs 4,171 crore in Q2FY24 registering a YoY growth of 24.2%. Non-Interest Income for H1FY25 stands at Rs 7,669 crore. Global NIM stands at 3.10% in Q2FY25 as against 3.07% in Q2FY24. NIM for H1FY25 stands at 3.14%. Yield on Advances increased to 8.48% in Q2FY25 as against 8.43% in Q2FY24 Cost of Deposits increased to 5.12% in Q2FY25 as against 4.92% in Q2FY24. Operating Income for Q2FY25 stands at Rs 16,803 crore, increase of 12% YoY. Operating Income for H1FY25 grew by 5.4% to Rs 30,891 crore. Operating Profit for Q2FY25 stands at IN R 9,477 crore, increase of 18.2% on a YoY basis. Operating Profit for H1FY25 increased by 5.0% to Rs 16,638 crore. Return on Assets (annualised) improved to 1.30% in Q2FY25 from 1.14% in Q2FY24. Return on Assets for H1FY25 stands at 1.20%. Return on Equity (annualised) for Q2FY25 stands at 19.22% and at 17. 79% for H1FY25. For the consolidated entity, Net Profit stood at Rs 5,355 crore in Q2FY25 as against Rs 4,394 crore in Q2FY24. Asset Quality: The Gross NPA of the Bank reduced by 15.9% YoY to Rs 28,551 crore in Q2FY25 and Gross NPA Ratio improved to 2.50% in Q2FY25 from 3.32% in Q2FY24. The Net NPA Ratio of the Bank stands at 0.60% in Q2FY25 as compared with 0.76% in Q2FY24. The Provision Coverage Ratio of the Bank stood at 93.61% including TWO and 76.31% excluding TWO in Q2FY25. Slippage ratio reduced to 1.07% for Q2FY25 as against 1.81 % for Q2FY24. Slippage ratio also reduced to 0.90% for H1FY25 as against 1.28% in H1FY24. Credit cost remains below 1 % and stands at 0.65% for Q2FY25 and at 0.55% for H1FY25. Capital Adequacy: CRAR of the Bank stands at 16.26% in Sep'24. Tier-I stood at 14.18% (CET-1 at 12.67%, AT1 at 1.51 %) and Tier-II stood at 2.08% as of Sep'24. The CRAR and CET-1 of consolidated entity stands at 16.67% and 13.17% respectively. The Liquidity Coverage Ratio (LCR) consolidated stands at 123.7%(approx.). Result PDF