Bank of Maharashtra - Results for Q1 - FY 25-26

Bank of Maharashtra - Results for Q1 -

1) Bank of Maharashtra Reports 23% Surge In Q1 Net Profit To Rs 1,593 Cr, NII Rises 17.6%; Asset Quality Robust. 2) Today, Bank of Maharashtra announced outstanding financial results for the quarter-ending June 30, 2025, with net profit increasing 23.14% year-on-year to Rs 1,593 crore from Rs 1,293 crore during the same period the previous year. With a 15.34% growth in gross advances to Rs 2.41 lakh crore and a 14.07% rise in total deposits to Rs 3.05 lakh crore, the bank's total business rose by 14.63% YoY to Rs 5.46 lakh crore. 3) According to the Bank of Maharashtra, its gross advances increased by 15.34% YoY to Rs 241,097 crore in Q1FY26 from Rs 209,031 crore in Q1FY25. Additionally, the bank's asset quality improved, as seen by the declines in Gross NPA and Net NPA to 1.74% and 0.18%, respectively. At 98.36%, the provision coverage ratio was steady. 4) All this is for information. 5) This is not a buy/sell recommendation. Thank you, Technofunda24