Bank of Maharashtra announced its unaudited financial results for the quarter and half year ended 30th September 2025. The bank reported a standalone revenue of ₹7,973.61 crore for Q2 FY26, up from ₹7,878.82 crore in Q1 FY26 and ₹6,809.18 crore in Q2 FY25. The net profit after tax stood at ₹1,63,314 lakh (₹1,633.14 crore) for Q2 FY26 against ₹1,59,276 lakh in Q1 FY26 and ₹1,32,677 lakh in Q2 FY25. This translates to a quarterly revenue increase of 1.19% and a year-over-year increase of 17.12%. The net profit rose by 2.53% quarter-on-quarter and 23.10% year-on-year.

ParticularsQ2 FY26 (₹ Cr)Q1 FY26 (₹ Cr)Q2 FY25 (₹ Cr)QoQ % ChangeYoY % Change
Total Income7973.617878.826809.18+1.19%+17.12%
Net Profit After Tax1633.141592.761326.77+2.53%+23.10%

Bank of Maharashtra is a government-owned public sector bank headquartered in Pune, Maharashtra. It offers a wide range of banking products and services including retail and corporate banking, treasury operations, and digital banking. The bank has a robust network of over 2,600 branches across India with a strong focus on enhancing digital capabilities and expanding its retail and mid-corporate loan portfolios. Key recent developments include a credit growth of 16.8% to ₹2.54 lakh crore in Q2 FY26, a total deposit increase of 12.1% to ₹3.09 lakh crore, and a doubling of its business to ₹5.64 lakh crore. The bank also received a ‘BBB-‘ rating with a stable outlook from S&P in 2025, reflecting strong financial fundamentals.

The latest quarterly financial performance reflects continued growth and operational strength. The bank’s operating profit before provisions increased to ₹696.49 crore compared to ₹666.35 crore in the previous quarter. Provisions for non-performing assets reduced, supporting a healthier asset quality position. The bank’s net interest income showed robust growth, maintaining a strong net interest margin. Bank of Maharashtra reported a net profit after tax of ₹1,633.14 crore in Q2 FY26, improving significantly compared to both the previous quarter and the same period last year. The bank’s improving profitability is supported by major institutional investors, including the Government of India, which holds approximately 79.60% stake.

This strong performance underlines Bank of Maharashtra’s turnaround and progress in 2025 amid ongoing efforts to enhance operational efficiency, digital transformation, and asset quality.

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