Key Financial Figures (Standalone)

Income Statement (₹ in lakhs)

  • Interest Earned: ₹803,463 (Q1 FY27) vs ₹705,391 (Q1 FY26)
  • Other Income: ₹102,866 (Q1 FY27) vs ₹82,491 (Q1 FY26)
  • Total Income: ₹906,329 (Q1 FY27) vs ₹787,882 (Q1 FY26)
  • Interest Expended: ₹426,466 (Q1 FY27) vs ₹376,219 (Q1 FY26)
  • Operating Expenses: ₹168,146 (Q1 FY27) vs ₹154,669 (Q1 FY26)
  • Operating Profit: ₹311,717 (Q1 FY27) vs ₹256,994 (Q1 FY26)
  • Provisions (other than tax): ₹84,041 (Q1 FY27) vs ₹86,742 (Q1 FY26)
  • Provisions for NPAs: ₹75,476 (Q1 FY27) vs ₹71,903 (Q1 FY26)
  • Net Profit before Tax: ₹227,676 (Q1 FY27) vs ₹170,252 (Q1 FY26)
  • Tax Expenses: ₹25,657 (Q1 FY27) vs ₹10,976 (Q1 FY26)
  • Net Profit after Tax: ₹202,019 (Q1 FY27) vs ₹159,276 (Q1 FY26)

Capital Structure

  • Paid-up Equity Capital: ₹769,156 lakhs (unchanged)
  • Reserves: ₹23,59,718 lakhs
  • Government Shareholding: 73.60% (vs 79.60% in Q1 FY26)

Key Ratios

  • Capital Adequacy Ratio (Basel III): 18.64% (CET1: 15.56%, AT1: 0.79%)
  • Gross NPA: ₹4,434.28 crore (1.45%)
  • Net NPA: ₹404.94 crore (0.13%)
  • NPA Provision Coverage Ratio: 98.55% (including technically written off)
  • Return on Assets (annualized): 1.90%
  • Earnings per Share (not annualized): ₹2.63

Segment Reporting (Standalone)

Business Segments Revenue (₹ lakhs)

  • Treasury Operations: ₹203,706
  • Corporate/Wholesale Banking: ₹300,937
  • Retail Banking: ₹395,036
  • Digital Banking: ₹32
  • Other Retail Banking: ₹395,004
  • Other Banking Operations: ₹6,650

Business Segments Profit before Tax (₹ lakhs)

  • Treasury Operations: ₹54,025
  • Corporate/Wholesale Banking: ₹84,273
  • Retail Banking: ₹86,045
  • Digital Banking: (₹33)
  • Other Retail Banking: ₹86,078
  • Other Banking Operations: ₹3,333

Consolidated Financial Results

  • Net Profit after Tax: ₹202,331 lakhs for Q1 FY27
  • Includes subsidiary (The Maharashtra Executor and Trustee Company Private Limited) with revenue of ₹0.83 crore and net profit of ₹0.35 crore
  • Includes associate (Maharashtra Gramin Bank) with share of net profit of ₹2.78 crore

Important Notes and Disclosures

COVID-19 Provisions

  • COVID-19 related contingency provisions of ₹250 crore reversed during the quarter
  • Bank continues to hold ₹760 crore in COVID-19 provisions as of June 30, 2026
  • Previous year: ₹1,010 crore as of March 31, 2026; ₹1,200 crore as of June 30, 2025

Regulatory Matters

  • RBI levied penalties of ₹0.02 crore during the quarter
  • 47 fraud cases reported involving ₹106.22 crore during the quarter
  • Provision of ₹103.84 crore held against fraud cases of ₹103.86 crore
  • No digital payment fraud losses suffered

Asset Quality

  • No loans impacted by RBI circular on resolution of stressed assets (Revised framework)
  • No stressed loans transferred or acquired during the quarter
  • Loans not in default acquired through assignment: ₹4,641.08 crore principal outstanding

Co-Lending Arrangements

  • 9 CLA partners with quantum of ₹3,056.80 crore
  • Weighted Average RCI: 9.49%
  • Fees paid (exclusive of GST): ₹2.30 crore
  • Sectors: Retail and Agri
  • Performance: Satisfactory

Investor Complaints

  • 2 complaints received during quarter, both resolved
  • No unresolved complaints at quarter end

Audit and Compliance

  • Financial results reviewed by four joint audit firms: G D Apte & Co., Manubhai & Shah LLP, Sagar & Associates, S. Singhal & Co.
  • Limited review report issued with unmodified opinion
  • Emphasis of matter on COVID-19 provision reversal
  • No material misstatements identified

Additional Filings

  • Statement of utilization of issue proceeds: NIL deviation
  • Statement of deviation/variation: NIL
  • Security cover certificate for listed unsecured non-convertible debt securities: Compliance certified
  • Total listed debt securities: ₹843.07 crore across 14 ISINs

Capital and Liability Position (Standalone as of June 30, 2026)

  • Deposits: ₹34,44,9301 lakhs
  • Borrowings: ₹38,74,860 lakhs
  • Total Assets: ₹42,63,0317 lakhs

Asset Position (Standalone as of June 30, 2026)

  • Cash and Balances with RBI: ₹14,87,982 lakhs
  • Balances with Banks: ₹49,628 lakhs
  • Investments: ₹100,47,632 lakhs
  • Advances: ₹301,93,432 lakhs
  • Fixed Assets: ₹29,479 lakhs
  • Other Assets: ₹55,685 lakhs