- Net Income: 12.9 billion rupees, which is a 46% increase year-over-year.
- Gross Non-Performing Assets: Slight decrease to 1.85% compared to 1.88% in the last quarter.
- Provisions: 9.5 billion rupees, showing a marginal growth of 0.8% quarter-over-quarter.
- Operating Profit: 22.94 billion rupees, a notable rise of 23% year-over-year.
- Interest Income: Increased to 58.75 billion rupees, up by 23% year-over-year.
- Interest Expense: 30.8 billion rupees, a 26% increase year-over-year.
- Other Income: 8.94 billion rupees, which is a significant 42% increase year-over-year.
- Shares Performance: Shares rose by 5.1% to 68.38 rupees with 42 million shares traded.
- Analyst Ratings: 2 buy ratings, no hold or sell ratings.
A look at Bank of Maharashtra Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 5 | |
| Resilience | 5 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 4.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Bank of Maharashtra Ltd. is positioned for a promising long-term future, according to Smartkarma Smart Scores. With a high score in Dividend, Growth, and Resilience, the company demonstrates strength in generating profits, expanding its operations, and weathering economic uncertainties. Moreover, its strong focus on maintaining a solid dividend payout reflects stability and good financial health. Although its Momentum score is slightly lower, the overall positive ratings in key areas suggest a robust foundation for sustained growth and value creation.
Bank of Maharashtra Ltd. offers a comprehensive suite of banking services across India, ranging from retail to investment management. In addition to traditional banking activities, the company oversees regional rural banks in collaboration with governmental entities, showcasing a commitment to serving diverse customer segments and fostering financial inclusion. The consistently high scores across critical factors underscore the company’s resilience and growth potential, positioning it favorably in the dynamic banking industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
