Bank of Maharashtra reported net profit rose 45% to ₹1,218 crore for the fourth quarter, compared with ₹840 crore in the year-earlier period.
Operating profit showed a growth of 19.10% YoY to ₹2,210 crore for Q4 FY24 as against ₹1,855 crore for the year-earlier period.
Net interest income (NII) grew 18.17 % on a YoY basis to ₹2,584 crore. Net revenues (net Interest income plus other income) for the quarter rose 19.85% to ₹3,606 crore from ₹3,009 crore in the year-earlier period. For FY24, the bank reported net profit grew 55.84% to ₹4,055 crore on a YoY basis. Operating profit grew 31.25% to ₹8,005 crore YoY.
Net interest income (NII) grew 26.88% YoY to ₹9,822 crore, the bank said in a filing
Denial of responsibility! Pioneer Newz is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – [email protected]. The content will be deleted within 24 hours.
