Quarterly Updates20 Apr 2026, 03:08 pm
Bank of Maharashtra Reports 27.17% Net Profit Growth for FY26
AI Summary
Bank of Maharashtra announced its financial results for the quarter and year ended March 31, 2026. The bank reported a significant 27.17% year-on-year increase in Net Profit to ₹7,019 crore for the full fiscal year. Total business grew by 17.47% to ₹642,531 crore, with deposits up 14.14% and gross advances rising 21.74%. Asset quality improved, with Gross NPA declining to 1.45% and Net NPA to 0.13%. The bank also proposed a final dividend of 12% for FY26. For the fourth quarter, Net Profit increased by 34.89% year-on-year to ₹2,014 crore.
Key Highlights
- Full-year Net Profit surged 27.17% to ₹7,019 crore.
- Total business grew 17.47% to ₹642,531 crore.
- Gross NPA improved to 1.45%, Net NPA to 0.13%.
- Proposed final dividend of 12% for FY26.
- Q4 FY26 Net Profit up 34.89% YoY to ₹2,014 crore.
MAHABANKPublic Sector Bank
BANK OF MAHARASHTRAPrice Impact