Bank of Maharashtra announced its financial results for the quarter and year ended 31st March 2025.
- Net profit for Q4 FY25 increased by 22.38% year-on-year to ₹1,827 crore, compared to ₹1,564 crore in Q4 FY24.
- For the full financial year FY25, the net profit grew by 17.75% to ₹4,524 crore.
- Operating profit for Q4 FY25 stood at ₹2,874 crore, registering a 14.27% increase year-on-year.
- Total business grew by 17.77% to ₹6,57,373 crore.
- Total deposits increased by 16.67% to ₹3,96,641 crore.
- Total advances rose by 18.98% to ₹2,60,732 crore.
- The Credit-Deposit (CD) ratio improved to 72.92%.
- Asset quality improved significantly with Gross NPA ratio decreasing to 1.21% and Net NPA ratio decreasing to 0.21% as on 31st March 2025.
- The bank also raised capital during the period, including ₹774 crore of share capital at ₹45.70 per share and ₹1,000 crore through Tier II bonds at an 8.92% coupon rate.
- Management present during the announcement included Managing Director & CEO Nidhu Saxena, Executive Director Ashish Pandey, and Rohit Rishi.