Bank of Maharashtra has reported robust financial results for the quarter and year ended March 31, 2026. The bank achieved a standalone net profit of ₹7,019.32 crore for the full year, a significant increase over the previous year. The Board of Directors has recommended a final dividend of 12% (₹1.20 per share) for the fiscal year 2025-26, complementing the interim dividend already paid.
Full-Year Financial Highlights
For the financial year 2025-26, Bank of Maharashtra demonstrated significant growth in its financial health. The standalone total income reached ₹32,822.53 crore, while the operating profit rose to ₹10,825.82 crore. The bank successfully maintained its asset quality, with the gross NPA percentage improving to 1.45% and net NPA percentage at 0.13% as of March 31, 2026.
Strategic Capital and Dividend Proposals
The Board of Directors has recommended a final dividend of ₹1.20 per equity share, amounting to 12% on the face value of ₹10. This follows an earlier interim dividend of ₹1.00 per share. Additionally, the bank has announced plans to strengthen its capital base by raising up to ₹7,500 crore through various equity and bond instruments, alongside plans to issue ₹10,000 crore in long-term infrastructure bonds and USD 500 million in foreign currency bonds in the upcoming fiscal year.
Operational Milestones
The bank’s return on assets for the year stood at 1.86%. During the 2025-26 period, the bank also successfully completed an Offer for Sale (OFS) of 46.15 crore shares, which represented 6% of its paid-up capital, effectively ensuring compliance with the minimum public shareholding requirement of 25%.
Segment Performance
The bank reported growth across key business segments. The Retail Banking segment emerged as the largest revenue contributor with ₹14,551.99 crore in annual revenue, followed by Corporate/Wholesale Banking at ₹11,065.68 crore. Domestic operations remain the primary driver of the bank’s business, with international operations contributing a smaller share to the total assets and revenue.
Source: BSE
