INTEGRATED FILING — BANKING



General information about company

Scrip code 532134
NSE Symbol BANKBARODA
MSEI Symbol NOTLISTED
ISIN INE028A01039
Name of bank Bank Of Baroda
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 31-10-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 23-10-2025
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 31-10-2025   10:30:00
End date and time of board meeting 31-10-2025   16:30:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public Yes
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. Yes
(III) Whether the company is a high value debt listed entity according to regulation 15 (1A)? Yes
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication? Yes
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 26-08-2022
Indicate Company website link for updated RPT policy of the Company https://bankofbaroda.bank.in/customer-support/policy-documents
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
The Bank has not defaulted on any loans and debt securities during the half year ended September 30, 2025


Financial Results - Banking

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Interest earned
Interest or discount on advances or bills 23,50,487.00 47,14,093.00
Income on investments 6,37,600.00 12,69,678.00
Interest on balances with reserve bank of India and other inter bank funds 70,026.00 1,31,123.00
Others 92,968.00 1,45,336.00
Total interest earned 31,51,081.00 62,60,230.00
2 Other income 3,51,495.00 8,18,948.00
3 Total income 35,02,576.00 70,79,178.00
Expenses
4 Interest expenses 19,55,720.00 39,21,391.00
5 Operating expenses
(i) Employees cost 4,06,072.00 8,36,844.00
(ii) Details of other operating expenses
Description of other operating expenses
1 other operating expenses 3,83,189.00 7,39,701.00
Total other operating Expenses 3,83,189.00 7,39,701.00
Total Operating Expenses 7,89,261.00 15,76,545.00
6 Total expenditure excluding provisions and contingencies 27,44,981.00 54,97,936.00
7 Operating profit before provision and contingencies 7,57,595.00 15,81,242.00
8 Provisions other than tax and contingencies 1,23,247.00 3,19,941.00
9 Exceptional items 0.00 0.00
10 Total profit (loss) from ordinary activities before tax 6,34,348.00 12,61,301.00
11 Provision for Tax 1,53,409.00 3,26,226.00
12 Net profit (loss) from ordinary activities after tax 4,80,939.00 9,35,075.00
13 Extraordinary items net of tax expenses 0.00 0.00
14 Net profit (loss) for the period 4,80,939.00 9,35,075.00
15 Share of profit (loss) of associates
16 Profit (loss) of minority interest
17 Net Profit (loss) after taxes minority interest and share of profit (loss) of associates 4,80,939.00 9,35,075.00
18 Details of equity share capital [Abstract]
Paid-up equity share capital 1,03,553.00 1,03,553.00
Face value of equity share capital 2 2
19 Reserve excluding revaluation reserves (as per balance sheet of previous accounting year)
20 Analytical ratios
(i) Percentage of share held by government of India 63.9700 63.9700
(ii) Capital adequacy ratio
CET 1 ratio 13.3600 13.3600
Additional Tier 1 ratio 0.7900 0.7900
(iii) (a) Earnings per share before extraordinary items
Basic earnings per share before extraordinary items 9.3 18.08
Diluted earnings per share before extraordinary items 9.3 18.08
(iii) (b) Earnings per share after extraordinary items
Basic earnings per share after extraordinary items 9.3 18.08
Diluted earnings per share after extraordinary items 9.3 18.08
(iv) NPA Ratios
Amount of gross non-performing assets 27,59,975.00 27,59,975.00
Amount of net non-performing assets 7,14,088.00 7,14,088.00
% of gross NPAs 2.1600 2.1600
% of net NPAs 0.5700 0.5700
Return on assets 1.0700 1.0400
21 Disclosure of notes on financial results by banks


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 30-09-2025
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Standalone
1 Capital and liabilities
Capital 1,03,553.00
Reserves and surplus 1,45,96,026.00
Deposits 15,00,01,148.00
Borrowings 1,33,93,546.00
Other liabilities and provisions 45,45,685.00
Total Capital Liabilities 18,26,39,958.00
2 ASSETS
Cash and Balances with Reserve Bank of India 49,95,013.00
Balances with Banks and money at call and short notice 68,98,748.00
Investments 3,87,68,974.00
Advances 12,58,33,690.00
Fixed Assets 120720200000
Other Assets 49,36,331.00
Total Assets 18,26,39,958.00
Disclosure of notes on assets and liabilities


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Textual Information(1)


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-07-2025 01-04-2025
Date of end of reporting period 30-09-2025 30-09-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Treasury Operations 9,24,040.00 18,94,561.00
2 Wholesale Banking 11,62,616.00 23,42,778.00
3 Retail Banking - (i) Digital Banking 39.00 74.00
4 Retail Banking - (ii) Other Retail Banking 14,03,379.00 28,19,917.00
5 Other Banking Operations 12,502.00 21,848.00
Total Segment Revenue 35,02,576.00 70,79,178.00
Less: Inter segment revenue
Income from operations 35,02,576.00 70,79,178.00
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Treasury Operations 3,02,514.00 6,57,768.00
2 Wholesale Banking 2,09,816.00 4,19,780.00
3 Retail Banking - (i) Digital Banking (424.00) (787.00)
4 Retail Banking - (ii) Other Retail Banking 2,68,782.00 5,06,931.00
5 Other Banking Operations 12,503.00 21,849.00
Total Profit before tax 7,93,191.00 16,05,541.00
i. Finance cost 0.00 0.00
ii. Other Unallocable Expenditure net off Unallocable income 1,58,844.00 3,44,241.00
Profit before tax 6,34,347.00 12,61,300.00
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Treasury Operations 5,18,62,008.00 5,18,62,008.00
2 Wholesale Banking 7,13,81,647.00 7,13,81,647.00
3 Retail Banking - (i) Digital Banking 1,854.00 1,854.00
4 Retail Banking - (ii) Other Retail Banking 5,55,80,466.00 5,55,80,466.00
5 Other Banking Operations 0.00 0.00
Total Segment Assets 17,88,25,975.00 17,88,25,975.00
Un-allocable Assets 38,13,983.00 38,13,983.00
Net Segment Assets 18,26,39,958.00 18,26,39,958.00
4 Segment Liabilities
Segment Liabilities
1 Treasury Operations 4,76,87,950.00 4,76,87,950.00
2 Wholesale Banking 6,56,36,573.00 6,56,36,573.00
3 Retail Banking - (i) Digital Banking 1,705.00 1,705.00
4 Retail Banking - (ii) Other Retail Banking 5,11,07,132.00 5,11,07,132.00
5 Other Banking Operations 0.00 0.00
Total Segment Liabilities 16,44,33,360.00 16,44,33,360.00
Un-allocable Liabilities 35,07,019.00 35,07,019.00
Net Segment Liabilities 16,79,40,379.00 16,79,40,379.00
Disclosure of notes on segments




Cash Flow Statement, Indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 30-09-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
1 Statement of cash flows
Cash flows from used in operating activities
Profit before extraordinary items and tax 12,61,301.00
2 Adjustments for reconcile profit (loss)
Adjustments to profit (loss)
Adjustments for finance costs 1,75,846.00
Adjustments for depreciation and amortisation expense 68,130.00
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 2,56,908.00
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 33,866.00
Adjustments for share-based payments 0.00
Other adjustments for which cash effects are investing or financing cash flow (541.00)
Other adjustments to reconcile profit (loss) 88,672.00
Other adjustments for non-cash items 0.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments to profit (loss) 5,55,149.00
3 Adjustments for working capital
Adjustments for decrease (increase) in inventories 0.00
Adjustments for decrease (increase) in trade receivables (53,04,884.00)
Adjustments for decrease (increase) in other current assets (81,347.00)
Adjustments for increase (decrease) in trade payables 11,96,428.00
Adjustments for increase (decrease) in other current liabilities 27,97,663.00
Adjustments for provisions 44,695.00
Total adjustments for working capital (13,47,445.00)
Total adjustments for reconcile profit (loss) (7,92,296.00)
Net cash flows from (used in) operations 4,69,005.00
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 3,74,658.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities before extraordinary items 94,347.00
Proceeds from extraordinary items 0.00
Payment for extraordinary items 0.00
Net cash flows from (used in) operating activities 94,347.00
4 Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 28,554.00
Proceeds from sales of tangible assets 20,297.00
Purchase of tangible assets 83,101.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 33,866.00
Interest received 0.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Proceeds from government grants 0.00
Net cash flows from (used in) investing activities before extraordinary items (57,492.00)
Proceeds from extraordinary items 0.00
Payment for extraordinary items 0.00
Net cash flows from (used in) investing activities (57,492.00)
5 Cash flows from used in financing activities
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Proceeds from issuing debentures notes bonds etc (1,74,500.00)
Proceeds from borrowings 0.00
Repayments of borrowings 0.00
Dividends paid 4,31,809.00
Interest paid 1,21,705.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities before extraordinary items (7,28,014.00)
Proceeds from extraordinary items 0.00
Payment for extraordinary items 0.00
Net cash flows from (used in) financing activities (7,28,014.00)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (6,91,159.00)
6 Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents (6,91,159.00)
Cash and cash equivalents cash flow statement at beginning of period 1,25,84,920.00
Cash and cash equivalents cash flow statement at end of period 1,18,93,761.00


Amount in (Lakhs)

Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)

Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity /subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Bank of Baroda AXIS FINANCE LIMITED Director of Subsidiary/associate is a Director/member Purchase of goods or services 0.00 0 27.26 0.00 0.00 Textual Information(1)
2 Bank of Baroda BOMBAY CHAMBER OF COMMERCE AND IND Director of Subsidiary/associate is a Director/member Purchase of goods or services 0.00 0 0.19 0.00 0.00
3 Bank of Baroda BOMBAY CHAMBER OF COMMERCE AND INDU Director of Subsidiary/associate is a Director/member Purchase of goods or services 0.00 0 0.35 0.00 0.00
4 Bank of Baroda BOMBAY CHAMBER OF COMMERCE AND INDU Director of Subsidiary/associate is a Director/member Purchase of goods or services 0.00 0 0.27 0.00 0.00
5 Bank of Baroda BOMBAY CHAMBER OF COMMERCE AND INDU Director of Subsidiary/associate is a Director/member Purchase of goods or services 0.00 0 0.50 0.00 0.00
6 Bank of Baroda BOMBAY CHAMBER OF COMMERCE N INDUST Director of Subsidiary/associate is a Director/member Purchase of goods or services 0.00 0 1.12 0.00 0.00
7 Bank of Baroda BOMBAY CHMBER OF COMMERCE AND INDUS Director of Subsidiary/associate is a Director/member Purchase of goods or services 0.00 0 0.04 0.00 0.00
8 Bank of Baroda BOMBAY CHMBER OF COMMERCE AND INDUS Director of Subsidiary/associate is a Director/member Purchase of goods or services 0.00 0 0.04 0.00 0.00
9 Bank of Baroda INDIAN INS OF BANKING AND FINANCE Director is a Director/member Purchase of goods or services 0.00 0 5.29 0.00 0.00
10 Bank of Baroda INDIAN INSTITUTE OF BANKING AND FIN Director is a Director/member Purchase of goods or services 0.00 0 0.61 0.00 0.00
11 Bank of Baroda LODHA DEVELOPERS LIMITED Director of Subsidiary/associate is a Director/member Purchase of goods or services 0.00 0 12.96 0.00 0.00
12 Bank of Baroda MACROTECH DEVELOPERS LIMITED Director of Subsidiary/associate is a Director/member Purchase of goods or services 0.00 0 25.92 0.00 0.00
13 Bank of Baroda MACROTECH DEVELOPERS LTD Director of Subsidiary/associate is a Director/member Purchase of goods or services 0.00 0 1.71 0.00 0.00
14 Bank of Baroda BNP Paribas Bank** Associate of Subsidiary Any other transaction Interest Rate Swaps* 0.00 0 1,65,500.00 0.00 0.00
15 Bank of Baroda BNP Paribas Bank ** Associate of Subsidiary Any other transaction Currency Interest Rate Swaps (CIRS)* 0.00 0 0.00 0.00 0.00
16 Bank of Baroda BNP Paribas SA (France) ** Associate of Subsidiary Any other transaction Currency Interest Rate Swaps (CIRS)* 0.00 0 0.00 0.00 0.00
17 Bank of Baroda BNP Paribas SA (France) ** Associate of Subsidiary Any other transaction Non deliverable Forward* 0.00 0 3,434.53 0.00 0.00
18 Bank of Baroda BNP Paribas Bank Associate of Subsidiary Any other transaction SWAP/SPOT 0.00 0 19,78,164.35 0.00 0.00
19 Bank of Baroda BNP Paribas SA (France) Associate of Subsidiary Any other transaction SWAP/SPOT 0.00 0 57,29,111.90 0.00 0.00
20 IndiaFirst Life Insurance Company Limited INDIA INFRADEBT LIMITED Joint Venture of Parent Any other transaction Infrastructure Bond subscription 20,000.00 0 10,006.82 0.00 0.00
21 IndiaFirst Life Insurance Company Limited INDIA INFRADEBT LIMITED Joint Venture of Parent Any other transaction Interest Income 3,000.00 0 1,011.88 0.00 0.00
22 IndiaFirst Life Insurance Company Limited INDIA INFRADEBT LIMITED Joint Venture of Parent Any other transaction Investment in Bonds 0.00 0 0.00 19,162.90 29,226.26
23 IndiaFirst Life Insurance Company Limited INDIA INFRADEBT LIMITED Joint Venture of Parent Any other transaction Interest Accrued 0.00 0 0.00 1,306.87 942.15
24 IndiaFirst Life Insurance Company Limited RUSHABH GANDHI Director/KMP of subsidiary Any other transaction ESOP 200.00 0 7.51 0.00 0.00
Total value of transaction during the reporting period 78,87,313.25


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Textual Information(1) Overall Note for disclosure under SEBI 1.As Listed banks are not be required to provide the disclosures with respect to related party transactions involving loans, inter-corporate deposits, advances or investments made or given by the listed banks, no disclosure for the same has been made. 2.In terms of para 5 of AS-18, transactions in the nature of banker customer relationship have not been disclosed. 3.In terms of para 9 of AS-18, disclosure is not given in respect of transaction with related parties which are State Controlled Entities 4.The remuneration and sitting fees paid by the listed entity or its subsidiary to its director, KMP or senior management, except who is part of promoter or promoter group, shall not require disclosure provided the same is not material as per Regulaion 23(9) 5.The above transactions are exempted/pre-approved/under omnibus approval of ACB as per bank's Policy on Related Party transactions. * Represents Notional Value of Derivative contracts and Forex Swap/Spot transactions.