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Bank of Maharashtra Q3FY26 Net Profit Surges 26.51% to ₹1,779 Crore

Bank of Maharashtra

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January 13, 2026, 09:13 AM

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Bank of Maharashtra announced its financial results for the quarter and nine months ended December 31, 2025. The bank reported a significant increase in Net Profit, which grew by 26.51% to ₹1,779 crore for the third quarter of FY26, compared to ₹1,406 crore in the same period last year. Operating profit also saw a healthy rise of 18.78% to ₹2,736 crore.

Net Interest Income (NII) increased by 16.27% year-on-year to ₹3,422 crore. Net Revenues grew by 16.73% to ₹4,355 crore. The Cost to Income Ratio improved to 37.19% from 38.27% in the previous year.

For the nine months ended December 31, 2025, Net Profit stood at ₹5,005 crore, a substantial increase from ₹4,027 crore in the corresponding period of FY25. Operating Profit for the nine months grew by 15.89% to ₹7,880 crore.

Total business for the bank grew by 17.24% to ₹5,95,163 crore as of December 31, 2025. Total Deposits increased by 15.29% to ₹3,21,661 crore, and Global Gross Advances rose by 19.62% to ₹2,73,502 crore.

Asset quality showed improvement, with Gross NPA declining to 1.60% and Net NPA to 0.15% as of December 31, 2025. The Provision Coverage Ratio improved to 98.41%.

The Board of Directors has approved an interim dividend of 10%, or ₹1.00 per equity share of face value ₹10, for Financial Year 2025-26.

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