Bank of Baroda is slated to announce its March quarter earnings for the financial year 2018-19 on Wednesday amid expectations of fewer slippages and lower gross non-performing asset (GNPA) ratio. The bank is also projected to report strong growth in net profit on a sequential basis.
The state-owned bank is anticipated to report over 70 per cent jump in net profit or profit after tax (PAT) on quarter-on-quarter (q-o-q) basis, as per analysts' estimates.
While analysts at Phillip Capital estimate PAT to be around Rs 813 crore, those at ICICI Securities project it around Rs 607 crore. The bank had