Bank of Maharashtra reported robust financial results for the quarter and year ended March 31, 2026. The bank achieved an annual net profit of Rs. 7,019.32 crore, reflecting significant growth. The Board of Directors recommended a final dividend of 12% (Rs. 1.20 per share) for the fiscal year 2025-26. Additionally, the bank announced plans to raise up to Rs. 7,500 crore in equity capital and Rs. 10,000 crore through long-term infrastructure bonds.
Financial Highlights
The bank demonstrated strong performance for the financial year ending March 31, 2026. The total annual income reached Rs. 32,822.53 crore, while the net profit for the year stood at Rs. 7,019.32 crore. For the quarter ended March 31, 2026, the bank recorded a standalone net profit of Rs. 2,014.09 crore.
Dividend and Capital Raising Plans
In recognition of the positive financial results, the Board has recommended a final dividend of 12%, amounting to Rs. 1.20 per equity share for the fiscal year 2025-26, subject to shareholder approval. This follows an interim dividend of 10% (Rs. 1.00 per share) already paid during the year.
To support its future growth, the bank has outlined ambitious capital raising initiatives for the upcoming fiscal year 2026-27. The plans include:
- Raising up to Rs. 7,500 crore through equity capital via various routes such as preferential allotment or institutional placements.
- Issuing long-term infrastructure bonds amounting to Rs. 10,000 crore in multiple tranches.
- Raising up to USD 500 million through foreign currency bonds in multiple tranches.
Asset Quality and Operational Metrics
The bank continues to maintain a healthy asset quality profile. As of March 31, 2026, the gross NPA ratio improved to 1.45%, and the net NPA ratio stands at 0.13%. The provision coverage ratio remains strong at 98.59%. The Capital Adequacy Ratio (Basel III) for the period was reported at 18.36%, underscoring the bank’s strong capital position.
Consolidated Performance
On a consolidated basis, which includes the bank’s subsidiary and associate entities, the net profit after minority interest for the year ended March 31, 2026, was Rs. 7,016.86 crore. The bank remains focused on sustainable growth across its retail, corporate, and treasury segments.
Source: BSE
