Bank of Maharashtra — Updates, 25-04-2025: Press Release

**Financial Highlights:**

For the year ended March 31, 2025, Bank of Maharashtra reported strong growth, with net profit up 36.12% to ₹5,520 crore, driven by a 16.41% increase in operating profit to ₹9,319 crore. Net interest income (NII) rose 18.77% year-on-year to ₹11,666 crore. The cost-to-income ratio stood at 38.37% for the year.

**Strategic Initiatives and Growth Drivers:**

Total business increased by 15.30% year-on-year to ₹546,979 crore, supported by a 13.44% rise in total deposits, which reached ₹307,143 crore. The retail and MSME segments showed robust growth, with retail advances up 25.38%.

**Business Developments:**

The bank raised ₹3,500 crore in equity and ₹1,000 crore in Tier II bonds, enhancing its capital adequacy ratio to 20.53%.

**Market Position and Competitive Advantage:**

The bank's gross NPA improved to 1.74%, reflecting effective asset quality management, while the provision coverage ratio remained strong at 98.26%.

**Investor Implications:**

The solid financial performance and strategic initiatives indicate a positive outlook for the bank, presenting potential growth opportunities for investors.