Press release on the financial results of the Bank for the Quarter ended 30.06.2026
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 10 Jul 2026, 02:36 PM IST · BSE ID: 50e54c3c-5830-4670-95b1-fb9d02976ba6
View Original BSE Filing (PDF)
💡
In Simple Terms
Bank of Maharashtra's Q1 FY27 profit increased significantly, with strong growth in loans and improved asset quality.
🤖 AI Summary
- Net Profit increased 26.84% year-on-year to ₹ 2,020 crore for the quarter ended June 30, 2026.
- Total Global Business grew 19.10% to ₹ 6,50,457 crore in Q1 FY27 from ₹ 546,143 crore year-on-year.
- Gross Global Advances rose 26.90% year-on-year to ₹ 3,05,964 crore as of June 30, 2026.
- Gross NPA declined to 1.45% and Net NPA reduced to 0.13% as on June 30, 2026.
- Operating profit increased 21.29% to ₹ 3,117 crore, and Net Interest Income grew 14.53% to ₹ 3,770 crore.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Net Profit
₹ 2,020 crore
26.84
Total Global Business
₹ 6,50,457 crore
19.10
Gross Global Advances
₹ 3,05,964 crore
26.90
Operating profit
₹ 3,117 crore
21.29
Net Interest Income
₹ 3,770 crore
14.53
🏢 How This Affects the Company
The bank's total global business expanded by 19.10%, and gross global advances grew by 26.90%, indicating increased lending activity and market penetration.
Net Profit increased by 26.84% to ₹ 2,020 crore, and Return on Assets improved to 1.90%, strengthening overall financial performance and efficiency.
The Provision Coverage Ratio improved to 98.55%, reflecting enhanced risk management practices and provisions against potential loan losses.
Gross NPA declined to 1.45% and Net NPA reduced to 0.13%, indicating a reduction in asset quality risks for the bank.
👥 What This Means For Shareholders
✅
Action Required
No action is required by shareholders based on this financial results filing.
👤
Who Is Affected
All shareholders are affected by the company's financial performance, which reflects the bank's operational efficiency and asset quality. The Net Profit increase to ₹ 2,020 crore impacts the bank's retained earnings.
🔍
Management Signal
The financial results indicate management's continued focus on business growth, improving asset quality, and enhancing profitability metrics like ROA and ROE.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY27 financial results — check for sustained business and profit growth.
Updates on RAM business growth — ensure continued expansion in retail, agri, MSME segments.
Trends in asset quality — monitor Gross and Net NPA movements in subsequent quarters.
LOW RISK
Improved asset quality with declining NPAs and strong Provision Coverage Ratio reduce immediate credit risks.
💡 Investor Takeaway
Bank of Maharashtra reported a 26.84% year-on-year increase in Net Profit to ₹ 2,020 crore for Q1 FY27. Total Global Business grew 19.10% to ₹ 6,50,457 crore, with Gross Global Advances up 26.90% to ₹ 3,05,964 crore. Gross NPA declined to 1.45%.
⚖️ Strengths & Concerns
✅ Positives
- Net Profit rose by 26.84% to ₹ 2,020 crore year-on-year, demonstrating strong profitability growth for the quarter.
- Gross NPA improved to 1.45% and Net NPA reduced to 0.13%, reflecting significant strengthening of asset quality.
⚠️ Concerns
- CASA Share (%) to Total Deposit decreased to 48.51% as of June 30, 2026, from 50.07% a year ago.
- Cash and Balances with Reserve Bank of India decreased to ₹ 14,880 crore from ₹ 23,291 crore year-on-year.
📅 Company Track Record
Bank of Maharashtra's FY26 net profit surged 27.17% to ₹ 7,019 crore, with advances jumping 21.74%, as per a filing on April 20, 2026. Global business reached Rs. 6,42,700 crore with 18% growth, and global advances surged 22% as on March 31, 2026.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Bank of Maharashtra's net profit for Q1 FY27?
Bank of Maharashtra reported a Net Profit of ₹ 2,020 crore for the quarter ended June 30, 2026, which is a 26.84% increase year-on-year.
How much did Bank of Maharashtra's total global business grow in Q1 FY27?
Total Global Business for Bank of Maharashtra grew by 19.10% year-on-year to ₹ 6,50,457 crore as of June 30, 2026.
What were the Gross NPA and Net NPA percentages for Bank of Maharashtra in Q1 FY27?
As of June 30, 2026, Bank of Maharashtra's Gross NPA stood at 1.45%, and Net NPA was 0.13%.
What was the growth in Net Interest Income for Bank of Maharashtra in Q1 FY27?
Net Interest Income (NII) for Bank of Maharashtra grew by 14.53% year-on-year to ₹ 3,770 crore in Q1 FY27.
Questions based on this BSE filing only. For information purposes.