Bank of Baroda, one of the leading public sector lenders, witnessed a sharp fall in share price on Friday after it reported a fall of 68.13% in its net profit for the quarter ended Dec. 31, 2014.

The bank earned a profit of Rs 3.34 billion for the quarter ended Dec. 31, 2014. Analysts on average had predicted net profit of Rs 12.43 billion. The bank's quarterly income totaled at Rs 118.08 billion, an increase of 11.16% over Rs 106.23 billion in the same period a year ago.

The bank has made provision of Rs 12.62 billion, which was higher by 65.62% from prior year period.

Shares of the bank declined Rs 26.15, or 12.03%, to trade at Rs 191.30 at the BSE (11.43 a.m., Friday).