Archive · 24 Jul 2026
Bank of Baroda Q1 Profit Drops 72%
Bank of Baroda, a public sector bank in India, recently announced its financial results for the first quarter of the fiscal year 2026-27.
The bank's profit for this period was ₹1,278.39 crore, which is a significant decrease of 72% compared to the same quarter last year.
Last year, the profit was ₹4,541.36 crore.
This drop in profit is a notable change in the bank's financial performance.
The reasons for this decline were not detailed in the report.
Bank of Baroda reported a 72% year-on-year fall in net profit for Q1FY27.
Net profit for Q1FY27 was ₹1,278.39 crore.
Net profit for Q1FY26 was ₹4,541.36 crore.
The results were announced on 24 July 2026.
The bank is a public sector undertaking (PSU) in India.
- Who
- Bank of Baroda (BoB)
- What
- Reported a 72% year-on-year fall in net profit for Q1FY27
- When
- 24 July 2026
- Where
- India
- Why
- Details not specified in the article
Positive Outlook
Negative Outlook
Profit Decline
Positive Outlook
The decline in profit is a temporary setback due to one-time adjustments.
Negative Outlook
The significant drop in profit indicates underlying issues in the bank's operations.
- Bank Name
- Bank of Baroda (BoB)
- Quarter
- Q1FY27 (April-June 2026)
- Net Profit Q1FY27
- ₹1,278.39 crore
- Net Profit Q1FY26
- ₹4,541.36 crore
- Year-on-Year Fall
- 72%
- Reporting Date
- 24 July 2026
