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Last Updated : Apr 30, 2019 10:02 AM IST | Source: Moneycontrol.com

Bank of Maharashtra hits 52-week high on reporting profit in Q4

It net interest income (NII) was up 13.5 percent at Rs 999.9 crore against Rs 880.8 crore.

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Shares of Bank of Maharashtra touched 52-week high of Rs 20; rising 3.6 percent intraday Tuesday after company reported profit in the quarter ended March 2019 (Q4FY19).

The company has posted net profit of Rs 72.4 crore in Q4FY19 against loss of Rs 113.5 crore in the same quarter last fiscal.

It net interest income (NII) was up 13.5 percent at Rs 999.9 crore against Rs 880.8 crore.

Company's gross NPA was down at 16.40 percent, while net NPA was down at 5.52 percent, QoQ.

Its Q4 provisions was at Rs 414.8 crore against Rs 4,421.6 crore, QoQ.

At 09:54 hrs Bank of Maharashtra was quoting at Rs 18.54, down Rs 0.76, or 3.94 percent on the BSE.

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First Published on Apr 30, 2019 10:01 am
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