Bank of Maharashtra reports a year-on-year rise in quarterly profit for the June 2026 quarter (Q1 of FY27). Multiple outlets cite net profit of about Rs 2,020 crore, up 26.8% to 27% versus the same quarter a year earlier, with one report placing net profit at Rs 2,020.2 crore and another citing around Rs 2,023 crore. Total income increases to about Rs 9,063 crore, compared with roughly Rs 7,879 crore in the corresponding quarter last year.
Operating profit improves during the quarter, while net interest income also grows, reflecting higher interest income. Operating expenses remain largely controlled, with one report noting a marginal decline versus the March 2026 quarter. Provisions rise compared with the year-ago period, but overall net profit growth is still sustained, and sequentially profit stays broadly flat against the March 2026 quarter.
On asset quality, gross non-performing assets (gross NPA) are reported at 1.45%, with net NPA at 0.13%, reflecting improvement on a year-on-year basis. The bank also reports earnings per share growth, and one outlet mentions reversal of certain contingency provisions.
