GMP IPO
📋 Filings Intelligence
About Contact
LIVE — Auto-updated every 10 mins · Equity segment
Company Filings, Explained Simply

AI-powered plain-English analysis of every important corporate announcement — financial results, order wins, dividends, mergers and more. Updated live.

—
Filed today
—
Companies tracked
NSE & BSE
Listed on
Sign in free to search by company
Filing Type
Market Cap
Sector
All Sectors

Latest Filings —

📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Bank of Maharashtra

Bank of Maharashtra Board Approves Q2 & H1 FY27 Financial Results

RESULTS ▲ Positive Development LOW RISK
📅 Filed on BSE: 26 Oct 2026, 03:18 PM IST  ·  BSE ID: 39a0b9ef-92b7-4c80-9649-83044e42b790
View Original BSE Filing (PDF)
💡
In Simple Terms
Bank of Maharashtra's board officially approved the financial numbers for the last three and six months ending September 30, 2026.
🤖 AI Summary
  • Bank of Maharashtra's Board approved Unaudited Standalone and Consolidated Financial Results for Q2 and H1 FY27.
  • The results cover the quarter and half-year ended September 30, 2026.
  • Rs. 250 Crore of COVID-19 related contingency provisions were reversed in Q2 FY27.
  • The bank maintains Rs. 510 Crore in COVID-19 related provisions as of September 30, 2026.
  • Review reports from concurrent auditors covered 51.79 percent of the bank's advances portfolio.
🔢 Key Numbers — exact figures from BSE filing, not rounded
COVID-19 related contingency provisions reversed in Q2 FY27
Rs. 250 Crore
COVID-19 related contingency provisions held as on September 30, 2026
Rs. 510 Crore
Percentage of advances portfolio covered by concurrent auditor reviews
51.79 percent
🏢 How This Affects the Company
💰
Financial Impact
The reversal of Rs. 250 Crore in COVID-19 related contingency provisions during Q2 FY27 will impact the bank's profitability for the period. The remaining Rs. 510 Crore in provisions indicates ongoing capital allocation for potential future risks.
⚙️
Operational Impact
The reliance on concurrent auditors covering 51.79 percent of the advances portfolio suggests an established internal review process for financial health.
⚠️
Risk Impact
The continued holding of Rs. 510 Crore in COVID-19 related provisions highlights the bank's conservative approach to managing potential pandemic-related financial risks.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this filing.
👤
Who Is Affected
All shareholders are indirectly affected as the financial results, including provision reversals, will impact the bank's reported profitability and financial strength for the quarter and half-year ended September 30, 2026.
🔍
Management Signal
Management's decision to reverse Rs. 250 Crore of COVID-19 provisions, while retaining Rs. 510 Crore, signals a cautious optimism regarding asset quality and future economic conditions.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Q3 FY27 financial results — check for further provision reversals or additions.
RBI circulars — monitor any changes impacting bank provisioning norms.
Next Board Meeting outcome — watch for additional strategic financial decisions.
LOW RISK The filing confirms board approval of results and details provision movements, indicating routine financial reporting.
💡 Investor Takeaway
Bank of Maharashtra's Board approved Q2 and H1 FY27 financial results. Noteworthy is the reversal of Rs. 250 Crore in COVID-19 provisions during the quarter, with Rs. 510 Crore still held as of September 30, 2026, indicating a managed approach to contingencies.
⚖️ Strengths & Concerns

✅ Positives

  • Reversal of Rs. 250 Crore in COVID-19 related contingency provisions during Q2 FY27 indicates an improvement in risk assessment.
  • The bank maintains a strong provision buffer, holding Rs. 510 Crore in COVID-19 related provisions as of September 30, 2026.
📅 Company Track Record
Bank of Maharashtra previously reported a Q1 FY27 Net Profit increase of 26.84% to ₹ 2,020 crore (July 2026 filing). FY26 net profit surged 27.17% to ₹7,019 crore, with advances jumping 21.74%, and asset quality strengthening (April 2026 filing).

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What financial results did Bank of Maharashtra's Board approve?
Bank of Maharashtra's Board approved the Unaudited Standalone and Consolidated Financial Results for the quarter and half-year ended September 30, 2026.
How much COVID-19 related contingency provision was reversed by Bank of Maharashtra in Q2 FY27?
Bank of Maharashtra reversed COVID-19 related contingency provisions amounting to Rs. 250 Crore during the quarter ended September 30, 2026.
What is the remaining amount of COVID-19 provisions held by Bank of Maharashtra as of September 30, 2026?
Bank of Maharashtra continues to hold COVID-19 related provisions amounting to Rs. 510 Crore as on September 30, 2026.
What percentage of Bank of Maharashtra's advances portfolio was reviewed by concurrent auditors?
Concurrent auditors reviewed 51.79 percent of Bank of Maharashtra's advances portfolio for the period ended September 30, 2026.

Questions based on this BSE filing only. For information purposes.

⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
🔍
Sign in to use filters
Sign in free with Google to filter filings by category, market cap and sector — takes 5 seconds.