neutral
Recently
Bank of Maharashtra posts strong profit growth in Q3
Bank of Maharashtra delivered strong Q3 results as profit growth was driven by better asset quality and steady margin performance.
Bank of Maharashtra reported a 27% year on year rise in net profit to ₹1,779 crore for the December quarter, supported by improved asset quality and higher interest income. The lender also recorded better margins and stable credit growth, reflecting disciplined balance sheet management. Declining non performing assets and controlled costs contributed to earnings strength. The results reinforce optimism around the bank’s medium term profitability outlook amid a stable macro environment.