Bank of Baroda earnings calls.

Bank of Baroda reported Q1 FY27 net profit of Rs 1,278 Cr, severely impacted by a one-time exceptional settlement of Rs 5,680 Cr ($600M) related to the legacy NMC Group litigation. Excluding this item, adjusted PAT would have been Rs 5,528 Cr. Operating profit stood at Rs 8,127 CrCurrent reported value: Operating profit stood at Rs 8,127 Cr. No comparable prior figure is available in the source record., with NII growth of 9.5% YoY. The bank's loan book grew strongly at 17.4% YoY (domestic 16.1%, international 23.3%), outpacing system growth, while deposits expanded 13.8%. Asset quality improved materially on a YoY basis — GNPA at 1.99% (down 29bps)Current reported value: GNPA at 1.99% (down 29bps). No comparable prior figure is available in the source record. and Net NPA at 0.50% (down 10bps). Slippages reduced to 0.91% and credit cost was a low 0.29%. Management affirmed guidance: credit growth 12-14%, deposit growth 10-12%, NIM guidance 2.75-2.95%, and ROA above 1% for Q2-Q4 FY27. The bank holds a floating provision of Rs 2,500 Cr and raised Rs 8,500 Cr equity raise plan through FY28. ECL migration (110bps RWA impact) remains a watch item but is manageable given capital headroom (CRAR 16.30%Current 16.30%. Reported change: Stable.).