Quarterly Result10 Jul 2026, 02:37 pm
Bank of Maharashtra Q1FY27 Net Profit Up 26.84% to ₹2,020 Cr
AI Summary
Bank of Maharashtra announced its financial results for the quarter ended June 30, 2026. The bank reported a significant 26.84% year-on-year increase in Net Profit, reaching ₹2,020 crore. Total Global Business grew by 19.10% to ₹6,50,457 crore, with Deposits up 12.93% and Gross Advances surging by 26.90%. Asset quality showed improvement with Gross NPA declining to 1.45% and Net NPA to 0.13%. Operating profit also saw a healthy increase of 21.29% to ₹3,117 crore. The bank's Capital Adequacy Ratio (CRAR) stood at 18.64%. These results reflect strong operational performance and improved profitability.
Key Highlights
- Net Profit surged 26.84% YoY to ₹2,020 crore.
- Total Global Business grew 19.10% to ₹6,50,457 crore.
- Gross Advances increased by 26.90% YoY.
- Gross NPA improved to 1.45%, Net NPA to 0.13%.
- Operating profit rose 21.29% YoY to ₹3,117 crore.
Price Impact
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