Bank of Maharashtra Q1FY26: Net Profit rises 23.14%, Gross NPA improves marginally
New Delhi: Public Sector Lender, Bank of Maharashtra, today announced the quarterly financial results of the Bank for April to June period.
The Bank’s Net Profit up by 23.14 % to Rs 1,593 crore in Q1FY26 on Y-o-Y basis as against Rs 1,293 crore for Q1FY25. Operating Profit improved to Rs 2,570 crore for Q1FY26 as against Rs 2,294 crore for Q1FY25. CASA improved to 50.07% of Total Deposit.
Meanwhile, the Net Interest Income (NII) grew by 17.60 % on Y-o-Y basis to Rs 3,292 crore in Q1FY26 as against Rs 2,799 crore for Q1FY25.
The Bank’s Gross Advances grew by 15.34 % on Y-o-Y basis to Rs 241,097 crore in Q1FY26 as against Rs 209,031crore in Q1FY25.
Gross NPA of the Bank is improved to 1.74 % as on 30.06.2025 against 1.85% as on 30.06.2024. The same was 1.74% as on 31.03.2025 and the Net NPA improved to 0.18 % as on 30.06.2025 against 0.20 % as on 30.06.2024. The same was 0.18% as on 31.03.2025.
Provision Coverage ratio stood at 98.36 % as on 30.06.2025 as against 98.36% as on 30.06.2024. The same was 98.26 % as on 31.03.2025.
Currently, the shares of Bank of Maharashtra are trading higher by 1.68% at Rs 57.02 as of 2:22 PM.