Bank of Maharashtra standalone net profit up 22.6% on higher NII in Q4FY25
The Hindu
Bank of Maharashtra's net profit rises 22.6% to ₹1,493 crore, with NII up 20.6% in Q4 2025.
Bank of Maharashtra’s standalone net profit increased 22.6% to ₹1,493 crore on increase in net interest income in quarter ended March 31, 2025. This number was ₹1,218 crore in the corresponding period last fiscal.
The net interest income increased 20.6% to ₹3,116 crore in the quarter under review as against ₹2,584 crore in the year-ago period. The net interest margin improved to 4.01% in the reporting quarter. Gross advances increased 17.8% to ₹2,39,837 crore while gross deposits grew at a slower pace of 13.44% , coming in at ₹3,07,143 crore.
The gross non-performing assets ratio decline to 1.74% and the net NPA too reduced to 0.18%, showing increasing asset quality. Provisions increased 4.35% to ₹983 crore in the reporting quarter as against ₹942 crore in the same period previous year.
The annual net profit of the bank increased 36.12 % to ₹5,520 crore in the fiscal-ended March 31 2025 from ₹4,055 crore in the previous fiscal. NII increased 18.8% to ₹ 11,666 crore fiscal 2024-25.
Meta Chief Executive Mark Zuckerberg is building a CEO agent to help him do his job, the Wall Street Journal reported
Insurance penetration and density are often misunderstood and do not reveal how many families are insured or whether they would be financially secure if the main earning member were to die. The real issue is not reach but adequacy, as households may have life insurance but not enough cover to replace lost income, leaving them financially vulnerable.
Five top firms lose ₹1 lakh crore in market value, with HDFC Bank experiencing the largest decline of ₹56,124.48 crore.
L&T confirms 95% of its West Asia project sites are safe, while addressing logistics challenges amid ongoing regional conflicts.
Mines Ministry to auction 19 critical mineral blocks on March 23, expanding strategic resources for clean energy and technology sectors.
Mines Ministry to auction 19 critical mineral blocks on March 23, expanding strategic resources for clean energy and technology sectors.
Five top firms lose ₹1 lakh crore in market value, with HDFC Bank experiencing the largest decline of ₹56,124.48 crore.
HDFC Bank terminates three senior officials over client onboarding issues at its DIFC branch amid ethical concerns following chairman's resignation.
Air India CEO warns of potential flight cuts and reduced travel demand due to rising fuel costs amid ongoing Gulf conflict.
Options are widely used by retail traders to speculate on the value of the stock for immediate gains and such behaviour in large scale can distort the market
India achieves 1 billion tonne coal production for the second consecutive year, ensuring stable energy supply and economic growth.
Generic drugmakers in India launch affordable Semaglutide versions, targeting a $1 billion diabetes and weight loss market.
Indian and Asian refiners eye Iranian oil purchases as U.S. waives sanctions amid energy crisis linked to the Iran-Israel war.