Bank of Maharashtra reports strong FY25, proposes dividend, plans capital raise

Bank of Maharashtra (BSE: 532525) announced its audited financial results for the quarter and year ended March 31, 2025, showcasing significant improvements across key performance indicators. Net profit for FY25 surged 36.12% year-over-year to INR 5,520 crore, while operating profit rose 16.41% to INR 9,319 crore. The bank's asset quality also improved, with gross NPA declining to 1.74% and net NPA reduced to 0.18%. The Board has recommended a dividend of 15%, or INR 1.50 per equity share, subject to shareholder approval.