Bank of Maharashtra

šŸ“ˆ Bank of Maharashtra Reports Strong FY26 Performance: Net Profit Up 27% YoY

• Standalone net profit after tax for Q4 FY26 was ₹2,014 crore, up from ₹1,493 crore in Q4 FY25

• Full year standalone net profit after tax for FY26 was ₹7,019 crore, compared to ₹5,520 crore in FY25

• Gross NPA ratio improved to 1.45% in March 2026 from 1.74% in March 2025

• Net NPAs stood at 0.13%

• Provision coverage ratio for NPAs reached 98.59%

• Total deposits increased to ₹3,50,564.37 crores

• Advances grew to ₹2,88,104.30 crores

• Capital Adequacy Ratio (Basel III) stood at 18.36% as of March 2026

• Recommended final dividend of ₹1.20 per equity share plus interim dividend of ₹1.00 per share

• Government of India stake reduced to 73.60% following Offer for Sale

• Approved capital raising plan of up to ₹7,500 crore via equity capital

• Planned issuance of long-term infrastructure bonds up to ₹10,000 crore in FY 2026-27

• Approved raising of foreign currency bonds up to USD 500 million

• Reported 394 fraud cases involving ₹990 crores, with provisions of ₹873.99 crores made

• Impairment loss of ₹280.59 crores booked due to valuation of associate Maharashtra Gramin Bank