Business2 sources
Bank of Baroda Shares Rise 5% on Record Q2 Profit
- Bank of Baroda reported a 36% year-on-year rise in net profit for Q2 FY2027.
- The bank's net profit increased to Rs 6,532 crore from Rs 4,809 crore in Q2 FY2026.
- The profit rise was partly due to one-time gains from the sale of its stake in the NSE IPO.
- Shares of Bank of Baroda jumped nearly 5% on Monday following the announcement.
- Brokerages are analyzing the results and providing their insights.