Bank of Baroda Q3 preview: DHFL could dent asset quality, say analysts

The bank, which is slated to report its Q3FY20 numbers later today, is expected to report a nearly 300 per cent rise in the net profit at Rs 1,851 crore on a year-on-year (YoY) basis.

Shares of Bank of Baroda were trading nearly two per cent higher on Friday, up 1.8 per cent to Rs 96.55 apiece, ahead of its October – December quarter results for the current financial year (Q3FY20). In comparison, the benchmark S&P BSE Sensex was trading 0.41 per cent higher at 41,570.35 level. A total of 8.13 million shares have changed hands on the NSE and BSE till the time of writing of this report. 

The bank, which is slated to report its Q3FY20 numbers later today, is expected to report a nearly 300 per cent rise in the net profit