New Delhi, April 21 -- Bank of Maharashtra share price jumped over 6% on Tuesday after the public sector lender reported strong Q4 results. Bank of Maharashtra shares rallied as much as 6.26% to Rs.80.40 apiece on the BSE.
The state-run lender, Bank of Maharashtra reported a net profit of Rs.2,014 crore in the fourth quarter of FY26, registering a growth of 35% year-on-year (YoY).
Net interest income (NII) in Q4FY26 increased 18.81% to Rs.3,702 crore from Rs.3,116 crore, YoY. Sequentially, NII grew 8.19%.
Asset quality of the bank improved during the March quarter, with lower gross and net NPAs. Credit costs continued to sustain below 1%, with asset quality improving in the agri segment.
Bank of Maharashtra also announced a final divi...
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