Bank of Maharashtra Q4 Net Profit Soars 23% to ₹1,493 Crore; Asset Quality Improves, Provisions Rise

Bank of Maharashtra delivered a robust performance for the March 2025 quarter, reporting a 22.6% year-on-year surge in net profit to ₹1,493 crore, up from ₹1,218 crore last year. The bank’s consolidated revenue and net interest income also posted healthy gains, with net interest income rising 20.6% to ₹3,117 crore. Provisions and contingencies for the quarter stood at ₹983 crore, reflecting the bank’s prudent approach to risk management amid evolving market conditions.

 

A key highlight was the improvement in asset quality. The gross non-performing asset (NPA) ratio fell to 1.74% from 1.80% in the previous quarter, while net NPA dropped to 0.18% from 0.20%. Gross NPAs stood at ₹4,185 crore, with net NPAs at ₹432 crore, underscoring the bank’s effective credit monitoring and recovery efforts.

 

The bank’s strong quarterly results were further supported by double-digit growth in loans and deposits, with total business rising over 15% year-on-year. Bank of Maharashtra’s Board recommended a 15% dividend (₹1.50 per share), rewarding shareholders for their continued trust.

 

Source: Moneycontrol, CNBC-TV18, Business Standard, NSE