Key Financial Performance (Quarter Ended June 30, 2026)

Profitability Metrics

  • Net Profit: ₹2,020 crore, increased by 26.84% YoY (from ₹1,593 crore in Q1 FY26) and 0.31% QoQ (from ₹2,014 crore in Q4 FY26)
  • Operating Profit: ₹3,117 crore, grew by 21.29% YoY (from ₹2,570 crore) and 5.81% QoQ (from ₹2,946 crore)
  • Net Interest Income (NII): ₹3,770 crore, increased by 14.53% YoY (from ₹3,292 crore) and 1.82% QoQ
  • Total Income: ₹9,063 crore, increased by 15.03% YoY and 4.26% QoQ
  • Total Expenses: ₹5,946 crore, increased by 12.00% YoY and 3.46% QoQ
  • Cost to Income Ratio: 35.04% (improved from 37.57% in Q1 FY26 and 36.51% in Q4 FY26)
  • Return on Assets (ROA): 1.90% (improved from 1.80% in Q1 FY26)
  • Return on Equity (ROE): 24.65%

Business Growth (As on June 30, 2026)

  • Total Global Business: ₹6,50,457 crore, grew by 19.10% YoY
  • Total Global Deposits: ₹3,44,493 crore, increased by 12.93% YoY
  • Gross Global Advances: ₹3,05,964 crore, grew by 26.90% YoY
  • Net Advances: ₹3,01,934 crore, grew by 27.22% YoY
  • Domestic Credit Deposit (CD) Ratio: 86.58%

RAM Segment Performance

  • RAM (Retail, Agri. & MSME) Business: grew by 25.11% YoY
  • Retail Advances: ₹89,661 crore, grew by 24.59% YoY
  • MSME Advances: ₹55,386 crore, grew by 23.17% YoY

Deposit Breakdown

  • CASA Deposits: ₹1,66,875 crore, grew by 9.26% YoY
  • CASA Share to Total Deposit: 48.51% (down from 50.07% in June 2025)

Asset Quality (As on June 30, 2026)

  • Gross NPA: 1.45% (improved from 1.74% in June 2025, unchanged from March 2026)
  • Net NPA: 0.13% (improved from 0.18% in June 2025, unchanged from March 2026)
  • Provision Coverage Ratio: 98.55% (improved from 98.36% in June 2025, slightly down from 98.59% in March 2026)

Capital Adequacy (As on June 30, 2026)

  • CRAR: 18.64%
  • Tier I Capital: 16.35%
  • Common Equity Tier 1 (CET1) Ratio: 15.56%

Other Financial Metrics

  • Domestic Net Interest Margin (NIM): 3.85%
  • Provisions & Contingencies (other than taxes): ₹840 crore, decreased by 3.11% YoY but increased by 36.21% QoQ
  • Profit before tax: ₹2,277 crore, increased by 33.73% YoY but decreased by 2.24% QoQ
  • Tax Expense: ₹257 crore, increased by 133.76% YoY but decreased by 18.55% QoQ

Balance Sheet Position (As on June 30, 2026)

Liabilities (₹ in crore)

  • Capital: ₹7,692 (unchanged from June 2025)
  • Reserves and Surplus: ₹27,884 (increased from ₹22,501)
  • Deposits: ₹3,44,493 (increased from ₹3,05,046)
  • Borrowings: ₹38,749 (increased from ₹23,730)
  • Other Liabilities & Provisions: ₹7,486 (decreased from ₹8,324)
  • Total Liabilities: ₹4,26,303 (increased from ₹3,67,293)

Assets (₹ in crore)

  • Cash and Balances with Reserve Bank of India: ₹14,880 (decreased from ₹23,291)
  • Balances with Banks and Money at Call & Short Notice: ₹496 (decreased from ₹3,460)
  • Investments: ₹1,00,476 (increased from ₹93,779)
  • Advances (Net): ₹3,01,934 (increased from ₹2,37,326)
  • Fixed Assets: ₹2,948 (increased from ₹2,894)
  • Other Assets: ₹5,569 (decreased from ₹6,543)
  • Total Assets: ₹4,26,303 (increased from ₹3,67,293)

Additional Information

  • The results were approved by the Board of Directors
  • An investor presentation is available on the Bank's website: www.bankofmaharashtra.bank.in
  • The press release was signed by Vishal Sethia, Company Secretary & Compliance Officer