Profit before tax (PBT) climbed 51.58% to Rs 2,329.09 crore in Q4 FY26.
Net Interest Income (NII) grew 18.81% YoY to Rs 3,702 crore, while the bank's net interest margin stood at 3.91%. Operating profit rose 16.92% to Rs 2,946 crore during the quarter.
Provisions and contingencies (excluding taxes) declined significantly by 37.25% year-on-year to Rs 617 crore in Q4 FY26, down from Rs 983 crore in the corresponding quarter last year.
For the full financial year FY26, the bank reported a 27.16% YoY increase in net profit to Rs 7,019.32 crore, with total income rising 15.56% to Rs 32,822.53 crore.
Asset quality showed marked improvement, with gross non-performing assets (GNPA) declining to 1.45% as of 31 March 2026, from 1.74% a year earlier. Net NPA also improved to 0.13% from 0.18% in the corresponding period. Provision coverage ratio strengthened to 98.59%.
On the business front, total business expanded 17.47% YoY to Rs 642,531 crore, driven by a 14.14% rise in deposits to Rs 3,50,564 crore and a 19.62% increase in gross advances to Rs 2,91,967 crore. Net advances grew 22.03% YoY to Rs 2,88,104 crore.
The bank's Retail, Agriculture, and MSME (RAM) segment grew 20.74% YoY. Retail advances surged 32.39% to Rs 85,857 crore, while MSME advances rose 10.71% to Rs 53,547 crore.
Capital adequacy remained strong, with the Basel III capital adequacy ratio improving to 18.36%, including a Common Equity Tier 1 (CET1) ratio of 14.59%.
The cost-to-income ratio improved to 37.08% for FY26 from 38.37% in FY25. Return on Assets (ROA) rose to 1.86%, while Return on Equity (ROE) improved to 23.19% for the full year.
The board has recommended a final dividend of 12% (Rs 1.20 per equity share of face value Rs 10).
Looking ahead, the bank approved plans to raise up to Rs 7,500 crore through equity instruments such as QIP, FPO, or rights issues, along with Basel III-compliant bonds. It also cleared proposals to issue long-term infrastructure bonds worth up to Rs 10,000 crore and raise up to $500 million via foreign currency bonds in FY27.
Bank of Maharashtra is engaged in providing banking services. The bank's segments include Treasury, Corporate/Wholesale Banking, Retail Banking and other banking operations.
The counter jumped 4.04% to end at Rs 75.66 on the BSE.
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Valued Customer,
BOB Capital Markets Limited (BOBCaps) is firmly committed to the safety of your wealth. We would like to bring to your notice certain precautions that you certainly must take against potential tele-fraudsters/ unscrupulous and unregistered portfolio managers:
ALWAYS AVOID
We would like to caution you against such fraudulent calls and SMSes and urge you to be alert. Follow the golden rule:
Do not share your Login Credentials or Passwords with anybody
BOBCaps employees / representatives never ask for your password.
Certain tele-fraudsters / unscrupulous and unregistered portfolio managers call customers or SMS them on the pretext of providing investment tips and lure them to invest through their bogus firms by promising huge profits.
Such deceitful callers ask the customer to share his/her login credentials with passwords to allow trading in their accounts, assuring huge returns.
Often trades done in the customer’s accounts are far from the best interest of the customers. Holdings of customers are often sold and with the funds, trades are then placed in illiquid securities at unrealistic prices.
At times, the holdings of customers are sold at prices detrimental to the customer. The so-called “portfolio manager” assures profits, which naturally does not materialize. Customers are deceived into providing access to their trading accounts, thereby allowing such fraudsters access to funds and securities available to execute trades, injurious to the customer’s interest.
In our continuous effort to keep you safeguard from the market related frauds and increase awareness while conducting trades, we request you to go through the Press Release issued by the NSE and would request you to ensure that you do not engage with the individuals and entities mentioned below: