Bank of Baroda Ltd releases Consolidated Financial Results for December 31, 2022.
Financial Results (Q3 FY2023) – Quarter-over-Quarter Comparison:
Total income of Bank of Baroda Ltd is Rs.30352.67 Crores (December 31, 2022) vs. Rs.26320.49 Crores (September 30, 2022)
Net profit/loss: Rs.4305.66 Crores (December 31, 2022) vs. Rs.3400.47 Crores (September 30, 2022)
EPS: Rs.8.33 (December 31, 2022) vs. Rs.6.58 (September 30, 2022)
Financials | Q3 FY2023 | Q2 FY2023 | % Change |
Total Income | ₹30352.67 Cr | ₹26320.49 Cr | ⬆ 15.32% |
Net Profit | ₹4305.66 Cr | ₹3400.47 Cr | ⬆ 26.62% |
EPS | ₹8.33 | ₹6.58 | ⬆ 26.60% |
Financial Results (Q3 FY2023) – Year-over-Year Comparison:
Total income of Bank of Baroda Ltd is Rs.30352.67 Crores (December 31, 2022) vs. Rs.22072.99 Crores (December 31, 2022)
Net profit/loss: Rs.4305.66 Crores (December 31, 2022) vs. Rs.2463.75 Crores (December 31, 2022)
EPS: Rs.8.33 (December 31, 2022) vs. Rs.4.76 (December 31, 2022)
Financials | Q3 FY2023 | Q3 FY2022 | % Change |
Total Income | ₹30352.67 Cr | ₹22072.99 Cr | ⬆ 37.51% |
Net Profit | ₹4305.66 Cr | ₹2463.75 Cr | ⬆ 74.76% |
EPS | ₹8.33 | ₹4.76 | ⬆ 75% |
Financial Results (9 Months Ended FY2023) – Year-over-Year Comparison:
Total income of Bank of Baroda Ltd is Rs.78249.92 Crores (December 31, 2022) vs. Rs.65309.73 Crores (December 31, 2021)
Net profit/loss: Rs.9650.03 Crores (December 31, 2022) vs. Rs.5818.14 Crores (December 31, 2021)
EPS: Rs.18.66 (December 31, 2022) vs. Rs.11.25 (December 31, 2021)
Financials | 9 Months Ended FY2023 | 9 Months Ended FY2022 | % Change |
Total Income | ₹78249.92 Cr | ₹65309.73 Cr | ⬆ 19.81% |
Net Profit | ₹9650.03 Cr | ₹5818.14 Cr | ⬆ 65.86% |
EPS | ₹18.66 | ₹11.25 | ⬆ 65.87% |
Asset Quality:
Asset Quality | Q3 FY2023 | Q2 FY2023 | Q3 FY2022 |
Gross NPA | ₹41857.50 Cr | ₹46374.44 Cr | ₹55996.77 Cr |
Gross NPA % | 4.53% | 5.31% | 7.25% |
Net NPA | ₹8853.82 Cr | ₹9672.22 Cr | ₹16464.93 Cr |
Net NPA % | 0.99% | 1.16% | 2.25% |
Gross NPA of Bank of Baroda is was ₹41857.50 crs in Q3 FY2023, down from ₹55996.77 crs in Q3 FY2022 and ₹46374.44 crs in Q2 FY2023.
Net NPA was ₹8853.82 crs in Q3 FY2023, a decrease from ₹16464.93 crs in Q3 FY2022 and ₹9672.22 crs in Q2 FY2023.
As of December 31, 2022, GNPA was 4.53% of Gross advances, compared to 7.25% on December 31, 2021 and 5.31% on September 30, 2022.
As of December 31, 2022, Net NPA was 0.99% of Gross advances, a decrease from 2.25% on December 31, 2021 and 1.16% on September 30, 2022.
Ratios | Q3 FY2023 | Q2 FY2023 | Q3 FY2022 |
RoA % | 1.13% | 1.01% | 0.74% |
CAR (BASEL III) % | 14.93% | 15.25% | 15.47% |
Q3 FY2023’s Return on Average Assets (RoA) was 1.13%, up from 1.01% in Q2 FY2023 and 0.74% in Q3 FY2022.
In Q3 FY2023, the Bank’s Capital Adequacy Ratio (CAR) was 14.93%, down from 15.25% in Q2 FY2023 and 15.47% in Q3 FY2022.
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