Bank of Maharashtra Shares Jump After Q4 Earnings

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Apr 20, 2026 18:43

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Bank of Maharashtra shares surge 4% after reporting a 35% rise in Q4 net profit. Key highlights include increased income and improved asset quality.
Bank of Maharashtra Shares Jump After Q4 Earnings
Illustration: Dominic Xavier/Rediff.com
New Delhi, Apr 20 (PTI) Shares of state-owned Bank of Maharashtra on Monday jumped 4 per cent after the firm reported a 35 per cent rise in net profit in the January-March quarter of 2025-26.

The stock climbed 4.04 per cent to settle at Rs 75.66 on the BSE. During the day, it surged 5.74 per cent to Rs 76.90.

At the NSE, the stock jumped 3.86 per cent to end at Rs 75.54.

The company's market valuation edged higher by Rs 2,261.32 crore to Rs 58,194.30 crore.

Bank of Maharashtra on Monday reported a 35 per cent rise in net profit to Rs 2,014 crore in the January-March quarter of 2025-26.


The Pune-headquartered bank had earned a net profit of Rs 1,493 crore in the year-ago period.

During the quarter, the bank's total income increased to Rs 8,693 crore against Rs 7,711 crore a year ago, the bank said in a regulatory filing.

Interest income grew to Rs 7,755 crore during the period under review, from Rs 6,731 crore in the corresponding quarter a year ago.

On the asset quality side, gross non-performing assets (GNPAs) declined to 1.45 per cent of gross advances as of March 2026 from 1.74 per cent by the end of March 2025.

Net NPAs also came down to 0.13 per cent of the advances from 0.18 per cent at the end of 2025.
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