Bank of Maharashtra Dividend ₹1.50 Per Share: Ex-Date is Today, May 9, 2025

Topics Covered

• Bank of Maharashtra Dividend Record Date
• Q4 & FY 2025 Financial Highlights
• About Bank of Maharashtra Ltd
• Conclusion

Bank of Maharashtra Limited's Board of Directors has declared and approved a dividend of ₹1.50 per equity share for the financial year 2024-25.  

On May 8, 2025, Bank of Maharashtra share price (NSE: MAHABANK) opened at ₹51.01 and closed at ₹50.45, down by 0.98%. The stock price touched its day’s low at ₹50.19.  

Bank of Maharashtra Dividend Record Date 

The Board of Directors of the Bank, at its meeting held on April 25, 2025, has recommended a dividend of 15% on the Bank’s equity shares, equivalent to ₹1.50 per share of face value ₹10 each, for the financial year 2024–25. 

The record date for determining shareholders eligible to receive the dividend is Friday, May 9, 2025. 

Q4 & FY 2025 Financial Highlights 

For the quarter ended March 31, 2025, the bank reported its performance with total business rising by 15.30% year-on-year (YoY) to ₹5,46,979 crore. Total deposits grew by 13.44% to ₹3,07,143 crore, while gross advances increased by 17.76% to ₹2,39,837 crore. Net profit for Q4 FY25 stood at ₹1,493 crore, reflecting a YoY growth of 22.62% and a sequential quarter-on-quarter (QoQ) increase of 6.16%. Operating profit for the quarter grew by 14.03% YoY to ₹2,520 crore and showed a 9.41% improvement on a QoQ basis. 

For the full financial year ended March 31, 2025, the bank's net profit surged by 36.12% YoY to ₹5,520 crore compared to ₹4,055 crore in FY24. Operating profit for the year stood at ₹9,319 crore, marking a YoY increase of 16.41% from ₹8,005 crore. The bank also recorded a healthy rise in Net Interest Income (NII), which grew by 18.77% to ₹11,666 crore in FY25, up from ₹9,822 crore in the previous year. 

About Bank of Maharashtra Ltd 

Bank of Maharashtra Ltd is involved in offering banking services. The bank's segments include Corporate/Wholesale Banking, Treasury, Retail Banking and Other banking operations. 

Conclusion 

Following the final dividend of ₹1.40 per share declared in May 2024, the Board has now recommended a higher dividend of ₹1.50 per share for FY25, 

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