<p>Shares of Bank of Baroda on Monday declined nearly 6 per cent after the company reported a standalone net loss of Rs 1,047 crore in the quarter ended March 31, 2021.</p>.<p>It dipped 5.60 per cent to Rs 79.15 on the BSE.</p>.<p>The stock declined 5.66 per cent to Rs 79.10 at the NSE.</p>.<p>State-run Bank of Baroda reported a standalone net loss of Rs 1,047 crore in the quarter ended March 2021, as it shifted to a new tax regime.</p>.<p>The lender had reported a standalone profit-after-tax of Rs 507 crore in the year-ago period.</p>.<p>For the full year, net profit grew 52 per cent to Rs 829 crore, from Rs 546 crore in FY20.</p>.<p>Gross NPA ratio fell to 8.87 per cent as against 9.40 per cent and net NPA ratio to 3.09 per cent from 3.13 per cent.</p>
<p>Shares of Bank of Baroda on Monday declined nearly 6 per cent after the company reported a standalone net loss of Rs 1,047 crore in the quarter ended March 31, 2021.</p>.<p>It dipped 5.60 per cent to Rs 79.15 on the BSE.</p>.<p>The stock declined 5.66 per cent to Rs 79.10 at the NSE.</p>.<p>State-run Bank of Baroda reported a standalone net loss of Rs 1,047 crore in the quarter ended March 2021, as it shifted to a new tax regime.</p>.<p>The lender had reported a standalone profit-after-tax of Rs 507 crore in the year-ago period.</p>.<p>For the full year, net profit grew 52 per cent to Rs 829 crore, from Rs 546 crore in FY20.</p>.<p>Gross NPA ratio fell to 8.87 per cent as against 9.40 per cent and net NPA ratio to 3.09 per cent from 3.13 per cent.</p>