The bank had posted a net profit of Rs 1,011.62 crore during the same quarter of the previous fiscal.
During the quarter under review, the total income increased to Rs 10,622.8 crore from Rs 9,685.51 crore, Bank of Baroda (BoB) said in a BSE filing.
Provisions towards bad loans and contingencies were trimmed to Rs 761.87 crore in October-December period of this fiscal from Rs 1,029.31 crore in the same quarter a year-ago.
Gross NPAs were also higher at 3.32 per cent (Rs 11,925.76 crore), over 3.15 per cent (Rs 7,321.45 crore) in the year-ago period.
The bank's shares were trading at Rs 542 apiece, down 0.08 per cent, on the BSE.
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