Bank of Maharashtra Reports 23.09% Increase in Q2FY25 Net Profit

Bank of Maharashtra has reported a significant increase in net profit for the quarter ended 30th September 2025. The total business grew by 14.20% to INR 5,63,909 crore, total deposits increased by 12.13% to INR 3,09,791 crore, and gross advances grew by 16.83% to INR 2,54,118 crore compared to the same period last year. The bank's gross NPA declined to 1.72% and net NPA to 0.18%. The provision coverage ratio stood at 98.34%. The net profit increased by 23.09% to INR 1,633 crore and operating profit grew by 16.91% to INR 2,574 crore. The net interest income increased by 15.71% to INR 3,248 crore. The cost to income ratio improved to 37.10% and return on assets (ROA) improved to 1.82%. Return on equity (ROE) stood at 22.58%.