Bank of Maharashtra announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The results include standalone and consolidated figures, detailing key performance indicators such as Net Profit, Total Income, and various analytical ratios, providing a snapshot of the bank’s financial health and performance.
Bank of Maharashtra Releases Q2 and H1 FY27 Financial Results
Bank of Maharashtra has officially released its unaudited financial results for the quarter and the half-year ended September 30, 2026. The disclosure, dated October 26, 2026, covers both standalone and consolidated financial statements, as approved by the Board of Directors.
Key Financial Highlights
The reported unaudited results highlight the bank’s financial performance across key metrics. For the quarter ended September 30, 2026, the bank reported a Net Profit after Tax of ₹230,959 lakh. Total Income for the quarter stood at ₹973,541 lakh, with Total Expenditure (excluding provisions and contingencies) at ₹636,674 lakh.
The half-year ended September 30, 2026, also saw significant figures, with Net Profit after Tax reaching ₹432,978 lakh. Total Income for the half-year was ₹1,879,870 lakh, and Total Expenditure (excluding provisions and contingencies) was ₹1,231,286 lakh.
Audit Report and Compliance
The financial results were subject to a limited review by the Statutory Central Auditors, who issued an unmodified opinion. The bank has also confirmed compliance with various regulations pertaining to financial disclosures and has provided statements on the utilization of proceeds from non-convertible debt securities, reporting no deviations.
Detailed financial statements, segment reporting, cash flow statements, and an asset-liability statement are appended to this announcement, offering a comprehensive view of the bank’s financial position and operational performance for the period.
Key Ratios and Disclosures
The accompanying disclosures include several analytical ratios and specific notes. Notably, the percentage of shares held by the Government of India remains at 73.60%. The Capital Adequacy Ratio (Basel III) stands at 18.51% for CET 1 Ratio and 15.61% for Additional Tier 1 Ratio. The report also details NPA ratios and return on assets.
Furthermore, the bank provided specific disclosures regarding its financial operations, including details on COVID-19 related provisions, expected credit loss impacts, and co-lending arrangements.
Source: BSE
