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Bank of Maharashtra ends higher after Q1 PAT climbs 27% YoY to Rs 2,020 cr
10-Jul-26   16:56 Hrs IST

Total income climbed 15.03% YoY to Rs 9,063.29 crore in Q1 FY27.

Profit before tax (PBT) climbed 33.73% YoY to Rs 2,276.76 crore in Q1 FY27. Net Interest Income (NII) grew by 14.53 % on YoY to Rs 3,770 crore in Q1FY27 as against Rs 3,292 crore for Q1FY26.

The bank's total global deposits increased 12.93% YoY to Rs 3,44,493 crore, while net advances surged 27.22% to Rs 3,01,934 crore.

Its Retail, Agriculture and MSME (RAM) business grew 25.11% YoY. Retail advances rose 24.59% to Rs 89,661 crore, while MSME advances increased 23.17% to Rs 55,386 crore.

On the asset quality front, gross non-performing assets (GNPA) improved to 1.45% as of 30 June 2026 from 1.74% a year earlier, while net NPA improved to 0.13% as on 30th June 2026 from 0.18% as on 30th June 2025. The provision coverage ratio improved to 98.55% as on 30th June 2026 from 98.36% recorded in the year-ago period.

As of 30 June 2026, the bank's total Basel III capital adequacy ratio stood at 18.64%, including a Common Equity Tier 1 (CET1) ratio of 15.56%.

Bank of Maharashtra is engaged in providing banking services. The bank's segments include Treasury, Corporate/Wholesale Banking, Retail Banking and other banking operations.

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