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HomebusinessBank of Maharashtra Q4 PAT rises 45% to ₹1,218 crore

Bank of Maharashtra Q4 PAT rises 45% to ₹1,218 crore


Bank of Maharashtra reported internet revenue rose 45% to ₹1,218 crore for the fourth quarter, in contrast with ₹840 crore within the year-earlier interval.

Operating revenue confirmed a development of 19.10% YoY to ₹2,210 crore for Q4 FY24 as in opposition to ₹1,855 crore for the year-earlier interval.

Net curiosity revenue (NII) grew 18.17 % on a YoY foundation to ₹2,584 crore. Net revenues (internet Interest revenue plus different revenue) for the quarter rose 19.85% to ₹3,606 crore from ₹3,009 crore within the year-earlier interval.  For FY24, the financial institution reported internet revenue grew 55.84% to ₹4,055 crore on a YoY foundation. Operating revenue grew 31.25% to ₹8,005 crore YoY.

Net curiosity revenue (NII) grew 26.88% YoY to ₹9,822 crore, the financial institution stated in a submitting



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