Bank Of Baroda Share Price Rises 5% After Q2 Profit Jumps Nearly 36% To ₹6,532 Crore; NSE Stake Sale Boosts Earnings

Bank of Baroda (BOB) shares rose nearly 5% after the bank reported its highest-ever quarterly net profit of ₹6,532 crore, an increase of almost 36% year-on-year (YoY) in its Q2 results. The BOB share price touched an intraday high of ₹250.89 on the National Stock Exchange (NSE) on 02 November 2026, after the earnings announcement.

BOB shares have increased around 3% in a week and more than 3% in a month. But the stock is down about 21% so far in 2026. The BOB share price has dropped over 14% in the past year. In contrast, it has risen 19% in three years and delivered gains of over 133% in five years.

At 11:35 am, the BOB share price was at ₹245.40, up 2.85% on the NSE. The stock opened at ₹243 compared to its previous close of ₹238.60.

The BOB Q2 results were led by receiving ₹1,340 crore from the partial sale of its NSE stake during the exchange’s initial public offering (IPO). This one-time income contributed to the rise in quarterly earnings.

BOB Q2 FY27 Results: Other Key Financials

Bank of Baroda’s operating income increased 28.7% YoY to ₹19,907 crore in Q2 FY27. Interest income rose 11.3% to ₹35,085 crore, while interest expenses increased 12.8% to ₹22,059 crore. This supported a 9% rise in net interest income (NII) to ₹13,026 crore.

Non-interest income nearly doubled, increasing 95.8% to ₹6,881 crore. Operating expenses grew at a slower pace of 7.4% to ₹8,477 crore. As a result, operating profit rose 50.9% to ₹11,430 crore.

However, net interest margin (NIM) declined to 2.74% from 2.96% in the corresponding quarter.

Higher Provisions And Improved Asset Quality

Total provisions, excluding tax, increased 93.3% YoY to ₹2,382 crore in Q2 FY27. Provisions for non-performing asset (NPA) bad debts written off rose to ₹1,935 crore from ₹883 crore in the year-ago quarter. Profit before tax (PBT) increased 42.6% to ₹9,048 crore, while the tax provision rose 64.1% to ₹2,517 crore.

The bank’s gross non-performing assets (GNPA) ratio improved to 1.78% from 2.16% a year earlier and 1.93% in the previous quarter. The net NPA ratio declined to 0.37% from 0.57% a year ago and 0.50% in Q1 FY27. The provision coverage ratio, including technical write-offs, stood at 94.65%.

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