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Bank of Maharashtra Q1 FY26 results: Profit rises 23% to ₹1,593 crore
The Pune-based lender had posted a net profit of ₹1,293 crore in the April-June period of the previous year.
Total income in the quarter under review rose to ₹7,879 crore from ₹6,769 crore in the same period a year ago, BoM said in a regulatory filing.
Interest earned by the bank grew to ₹7,054 crore as compared to ₹5,875 crore in June quarter FY25.
The bank's asset quality showed improvement as gross non-performing assets (NPAs) declined to 1.74 per cent of gross advances at the end of June quarter FY26 from 1.85 per cent a year ago.
Similarly, net NPAs or bad loans declined to 0.18 per cent as against 0.20 per cent in the year-ago period.
Capital adequacy ratio of the bank rose to 20.06 per cent from 17.04 per cent in the same quarter of FY25.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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