Bank of Maharashtra announced robust financial results for the quarter and half-year ended September 30, 2025. The bank’s net profit surged by 23.09% to ₹1,633 crore for Q2 FY26, driven by strong growth in total business and improved asset quality. Total business reached ₹5,63,909 crore, while gross NPA declined to 1.72%. The bank also reported an improved Return on Assets (ROA) of 1.82%.
Financial Performance Highlights
Bank of Maharashtra reported significant growth in its key financial metrics for the quarter ended September 30, 2025. Here are the highlights:
- Total Business: Increased by 14.20% to ₹5,63,909 crore.
- Total Deposits: Grew by 12.13% to ₹3,09,791 crore.
- Gross Advances: Increased by 16.83% to ₹2,54,118 crore.
Profitability Growth
The bank’s profitability witnessed a substantial improvement during Q2 FY26:
- Net Profit: Increased by 23.09% to ₹1,633 crore, compared to ₹1,327 crore in Q2 FY25.
- Operating Profit: Grew by 16.91% to ₹2,574 crore.
- Net Interest Income (NII): Increased by 15.71% to ₹3,248 crore.
Asset Quality Improvement
Bank of Maharashtra demonstrated better asset quality:
- Gross NPA: Declined to 1.72% as of September 30, 2025.
- Net NPA: Reduced to 0.18% as of September 30, 2025.
- Provision Coverage Ratio: Stood at 98.34%.
Key Ratios
Several key financial ratios reflected the bank’s improved performance:
- Credit-Deposit (CD) Ratio: Improved to 82.03%.
- Net Interest Margin (NIM): Stood at 3.85%.
- Return on Assets (ROA): Improved to 1.82%.
- Return on Equity (ROE): Stood at 22.58%.
- CRAR: Improved to 18.13%, with Tier I at 14.96%.
Half-Year Performance
For the half-year ended September 30, 2025, Bank of Maharashtra reported:
- Net Profit: Increased by ₹606 crore to ₹3226 crore.
- Operating Profit: Grew by 14.41% to ₹5,144 crore.
- Net Interest Income (NII): Increased by 16.65% to ₹6,539 crore.
Business Growth
The bank also saw overall growth in Assets & Liabilities:
- Total Business: Grew by 14.20% year-on-year.
- Total Deposits: Increased by 12.13% year-on-year.
- Gross Advances: Grew by 16.83% year-on-year.
Source: BSE