The leading public sector bank, Bank of Baroda (BoB), has set June 6, 2025, as the record date for its final dividend for FY25. On May 6, 2025, BoB has declared a final dividend of ₹8.35 per share.
BoB said in an exchange filing, “Recommended a dividend at Rs. 8.35 (Eight Rupees Thirty-Five Paise only) per equity share (Face Value Rs.2/- each fully paid up) for the FY2024-25 subject to declaration/approval at the ensuing 29th Annual General Meeting. 3. Bank has fixed record/cut-off date as 06th June 2025 for the purpose of dividend payment. Hence, shareholders having shares as on the cut date, i.e 06th June 2025, shall be eligible for dividend payment.”
As Bank of Baroda has set June 6 as the record date for its final dividend, meaning that June 5, marks the last day to buy BoB shares to become eligible for the final dividend. Further, any shares bought on or after June 6 (record date), won't be eligible for the final dividend due to the T+1 settlement rule.
Bank of Baroda posted a net profit of ₹5,048 crore for the March quarter, marking a 3.2% increase compared to the same period last year. The uptick in profitability was largely supported by a sharp rise in non-core income.
Other income surged 24% year-on-year to ₹5,210 crore, lending a significant boost to the bank’s bottom line. However, core income took a hit. Net Interest Income (NII) — the primary revenue stream for the bank — declined 6.6% to ₹11,019 crore, falling short of CNBC-TV18’s estimate of ₹11,678 crore.
On the asset quality front, there were modest improvements. Gross Non-Performing Assets (GNPA) eased to 2.26%, down from 2.43% in the previous quarter. Net NPAs remained largely stable, inching down to 0.58% from 0.59%.
Provisions rose sharply during the quarter, amounting to ₹1,552 crore compared to ₹1,082 crore in Q3. Gross slippages also edged up to ₹3,159 crore from ₹2,915 crore in the previous quarter. Loan write-offs increased to ₹1,662 crore from ₹1,167 crore.
Despite the pressure on interest income, Net Interest Margins (NIMs) for Q4 improved to 3.27%, compared to 2.86% a year earlier. However, on a full-year basis, NIMs dropped to 3.02% in FY25 from 3.18% in FY24 — the lowest level in 14 quarters.
Credit growth remained healthy. The bank's advances grew 12.8% year-on-year, while deposits expanded by 10.9% during the March quarter.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jun 5, 2025, 8:47 AM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates