Bank of Maharashtra Q2 FY27 Net Profit Up 41.42% to ₹2,310 Cr

Bank of Maharashtra announced its financial results for the quarter and half-year ended September 30, 2026. For the second quarter of FY27, the bank reported a significant 41.42% year-on-year increase in Net Profit, reaching ₹2,310 crore, up from ₹1,633 crore in Q2 FY26. Operating Profit also saw a substantial rise of 30.86% to ₹3,369 crore. Net Interest Income grew by 21.76% to ₹3,954 crore. Total Global Business expanded by 25.16% to ₹7,05,766 crore, with Deposits increasing by 21.50% to ₹3,76,407 crore and Advances growing by 29.61% to ₹3,29,359 crore. Asset quality improved, with Gross NPA declining to 1.25% and Net NPA to 0.12%. The Provision Coverage Ratio improved to 98.53%. For the half-year ended September 30, 2026, Net Profit increased by 34.22% to ₹4,330 crore.