Bank of Baroda shares fell after a sharp 72% drop in Q1 net profit due to a one-off NMC Health settlement. Brokerages cut target prices despite stable core performance. Margins, fee income and upcoming ECL norms remain key concerns, though asset quality and loan growth trends offer some support.

Bank of Baroda's June-quarter profit fell 72% due to a Rs 5,680 crore one-off settlement, despite strong loan growth and stable asset quality. Excluding the exceptional item,…

Bank of Baroda (BoB) net profit plummeted 72% to ₹1,278 crore after incurring a one-time cost of ₹5,700 crore due to the out-of-court settlement with the joint administrators of…

Bank of Baroda's Q1FY27 profit drops 72% due to a one-time NMC Group settlement, impacting financial results significantly.