Bank of Baroda (BoB) reported its highest-ever quarterly net profit of Rs 6,532 crore for the quarter ended September, aided by a 95.8% year-on-year surge in non-interest income to Rs 6,881 crore.
Net interest income (NII) rose 9% to Rs 13,026 crore. The public sector lender also recorded its highest-ever quarterly operating profit of Rs 11,430 crore, up 50.9% YoY.
The management said it expects to sustain operating profits at around Rs 7,000 crore in each of the coming quarters.
