Earnings | Bank of Baroda (NSE: BANKBARODA): Q4FY23 Results Out; Total Income rises 45% YoY.

Bank of Baroda is a leading financial institution that offers a wide range of services to its customers. With a comprehensive portfolio, the bank provides personal banking, corporate banking, international banking, SME banking, rural banking, NRI services, and treasury services. Through its personal banking division, Bank of Baroda caters to the banking needs of individuals, while its corporate banking segment focuses on serving the financial requirements of businesses. The bank’s international banking services facilitate global transactions and support international trade. Additionally, Bank of Baroda offers specialized services for SMEs, rural customers, NRIs, and manages treasury operations, showcasing its commitment to delivering diverse and tailored financial solutions.

• Bank of Baroda reported Total Income for Q4 FY23 of ₹32,528 Crore up from ₹22,470 Crore year on year, a growth of 45%.
• Total Expenses for Q4 FY23 of ₹23,273 Crore up from ₹16,145 Crore year on year, a growth of 44%.
• Consolidated Net Profit of ₹5,255 Crore, up 159% from ₹2,031 Crore in the same quarter of the previous year. 
• The Earnings per Share is ₹10.16, up 158% from ₹3.93 in the same quarter of the previous year.