Bank of Baroda posts record Q2 profit of Rs 6,532 crore; expects H2 margin recovery

Mumbai, Oct 30 (UNI) Bank of Baroda has reported its highest-ever quarterly net profit of Rs 6,532 crore in the September quarter, but its first-half earnings declined 16.5 per cent year-on-year amid higher provisions, even as the lender expects margins and corporate credit growth to improve in the second half of the financial year. The bank's net profit rose 35.8 per cent from the corresponding quarter last year, while operating profit surged 50.9 per cent to a record Rs 11,430 crore. However, net profit for the first half of FY27 stood at Rs 7,810 crore, against Rs 9,351 crore in…