State-owned lender Bank of Baroda on July 25 reported a 1.9 percent on-year rise in net profit at Rs 4,541 crore during the June quarter, however, on sequential basis, the net profit fell by 10 percent.
In April-June quarter, total interest income of the bank rose 4.9 percent on-year to Rs 31,091 crore, from Rs 29,629 crore in a year ago period.
The total non-interest income grew 88 percent on-year to Rs 4,675 crore in Q1FY26 from Rs 2,487 crore a year ago. The bank said the sharp rise in non-interest income is due to higher treasury income in the quarter.
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