Quarterly Result15 Jul 2025, 01:00 pm
Bank of Maharashtra Reports 23.14% Increase in Net Profit for Q1FY26
AI Summary
Bank of Maharashtra has announced its financial results for the quarter ending 30th June, 2025. The bank reported a 14.63% increase in total business, 14.07% growth in total deposits, and 15.34% increase in gross advances. The net profit for the quarter increased by 23.14% to ₹ 1,593 crore. The bank's Net Interest Income (NII) grew by 17.60% to ₹ 3,292 crore. The bank's CRAR improved to 20.06% and the provision coverage ratio stood at 98.36%. The bank's Return on Equity (ROE) stood at 23.00%.
Key Highlights
- Total Business grew by 14.63% to ₹ 546,143 crore
- Total Deposits up by 14.07% to ₹ 305,046 crore
- Gross Advances increased by 15.34% to ₹ 241,097 crore
- Net Profit up by 23.14% to ₹ 1,593 crore
- Return on Equity (ROE) stood at 23.00%