Bank of Maharashtra quarterly results and financials

Bank of Maharashtra (MAHABANK)₹87.68+1.74%(9 Nov 2026 close)Public Sector Bank

Key facts

In the Sep 2026 quarter (consolidated), Bank of Maharashtra reported revenue of ₹8,605 Cr, up 20.6% from Sep 2025, and net profit of ₹2,136 Cr, up 27.9% year on year. For the year to Mar 2026, revenue were ₹29,303 Cr and net profit ₹7,022 Cr.

Revenue (Sep 2026): ₹8,605 Cr
Net profit (Sep 2026): ₹2,136 Cr
Revenue (FY Mar 2026): ₹29,303 Cr
Net profit (FY Mar 2026): ₹7,022 Cr
EPS (Sep 2026): ₹2.77
Borrowings (Mar 2026): ₹35,289 Cr

Company filings, consolidated accounts; latest reported quarter Sep 2026

Bank of Maharashtra quarterly results

₹ crore unless stated; each column is a quarter.

Bank of Maharashtra Quarterly results
	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	5,169	5,467	5,878	6,020	6,329	6,734	7,058	7,132	7,349	7,761	8,037	8,605
Interest	2,702	2,882	3,075	3,210	3,378	3,613	3,757	3,877	3,923	4,047	4,265	4,653
Net interest income	2,467	2,586	2,803	2,811	2,952	3,121	3,300	3,255	3,425	3,714	3,772	3,952
Expenses	2,069	2,331	2,343	2,213	2,264	2,552	2,407	2,269	2,341	2,306	2,515	2,362
Financing Profit	391	247	451	589	676	557	880	975	1,077	1,395	1,251	1,588
Financing Margin %	8.0%	4.0%	8.0%	10.0%	11.0%	8.0%	12.0%	14.0%	15.0%	18.0%	16.0%	18.0%
Other Income	679	1,021	893	790	787	979	824	845	931	936	1,027	1,127
Profit before tax	1,074	1,272	1,348	1,385	1,469	1,543	1,709	1,824	2,017	2,340	2,284	2,726
Tax %	3.0%	4.0%	4.0%	4.0%	4.0%	3.0%	6.0%	10.0%	11.0%	14.0%	11.1%	15.1%
Net Profit	1,039	1,230	1,294	1,333	1,411	1,501	1,503	1,670	1,797	2,046	2,024	2,136
EPS (Rs)	1.46	1.73	1.82	1.87	1.83	1.94	1.95	2.16	2.33	2.65	2.62	2.77
Gross NPA %	2.0%	1.9%	1.9%	1.8%	1.8%	1.7%	1.7%	1.7%	1.6%	1.5%	1.5%	1.3%
Net NPA %	0.2%	0.2%	0.2%	0.2%	0.2%	0.2%	0.2%	0.2%	0.2%	0.1%	0.1%	0.1%
Provision coverage (approx., excl. write-offs) %	89.2%	89.4%	89.2%	89.1%	88.9%	89.7%	89.7%	89.5%	90.6%	91.0%	91.0%	90.4%

Bank of Maharashtra profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Bank of Maharashtra Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Revenue	13,061	12,058	11,107	10,844	11,500	11,875	13,028	15,914	20,496	24,958	29,303	31,751
Interest	9,168	8,879	7,704	7,112	7,215	6,971	6,967	8,148	10,671	13,276	15,597	16,888
Net interest income	3,892	3,178	3,403	3,732	4,285	4,904	6,061	7,765	9,825	11,683	13,706	14,863
Expenses	4,320	6,685	8,012	9,801	5,317	6,768	7,258	6,292	8,513	9,073	8,983	9,523
Financing Profit	−454	−3,541	−4,652	−6,106	−1,053	−1,894	−1,235	1,432	1,284	2,565	4,674	5,311
Financing Margin %	−3.0%	−29.0%	−42.0%	−56.0%	−9.0%	−16.0%	−9.0%	9.0%	6.0%	10.0%	16.0%	16.7%
Other Income	1,035	1,523	1,537	1,565	1,658	2,642	2,651	2,279	3,012	3,468	3,530	4,022
Depreciation	149	118	129	241	211	188	269	262	223	291	345	0.00
Profit before tax	437	−2,133	−3,244	−4,776	401	573	1,157	3,460	4,086	5,768	7,889	9,367
Tax %	73.0%	−36.0%	−66.0%	0.0%	0.0%	0.0%	0.0%	24.0%	0.0%	4.0%	11.0%	—
Exceptional items	0.00	0.00	1.01	0.00	5.01	0.00	1.01	2.01	1.01	0.00	2.01	—
Net Profit	118	−1,355	−1,112	−4,765	399	571	1,153	2,607	4,072	5,538	7,022	8,004
EPS (Rs)	1.00	−11.60	−4.27	−17.26	0.67	0.86	1.70	3.86	5.74	7.20	9.10	10.37
Dividend payout %	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	29.1%	34.0%	24.1%	21.1%	13.0%	—

Bank of Maharashtra balance sheet

₹ crore, at each year end.

Bank of Maharashtra Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	1,067	1,172	1,172	2,606	2,761	5,836	6,578	6,754	6,751	7,105	7,712	7,716
Reserves	7,087	7,723	6,326	7,497	3,141	5,098	5,766	7,359	9,089	12,832	21,078	25,612
Deposits	1,26,272	1,43,187	1,39,452	1,39,328	1,40,879	1,50,212	1,74,321	2,02,785	2,34,613	2,71,328	3,07,676	3,51,252
Borrowings	7,339	5,436	8,162	4,073	10,159	3,669	4,242	7,766	10,786	7,732	23,859	35,289
Other Liabilities	4,736	3,980	4,788	3,367	8,046	4,409	6,329	6,732	7,242	9,056	9,719	8,516
Total Liabilities	1,46,500	1,61,498	1,59,901	1,56,871	1,64,986	1,69,225	1,97,236	2,31,395	2,68,481	3,08,054	3,70,045	4,28,382
Fixed Assets	1,436	1,700	1,568	1,492	1,747	1,608	1,627	2,042	2,155	2,206	2,921	2,965
CWIP	0.00	0.00	22.05	30.09	34.08	72.17	52.11	206	8.02	10.03	4.01	8.02
Investments	32,752	36,265	38,652	43,686	59,769	57,772	68,231	68,697	68,977	68,413	82,046	1,01,388
Other Assets	1,12,312	1,23,535	1,19,659	1,11,663	1,03,436	1,09,773	1,27,325	1,60,450	1,97,341	2,37,426	2,85,072	3,24,023
Cash & equivalents	6,672	8,400	15,311	15,848	7,935	10,371	12,910	19,758	18,556	21,200	38,096	26,692
Total Assets	1,46,500	1,61,498	1,59,901	1,56,871	1,64,986	1,69,225	1,97,236	2,31,395	2,68,481	3,08,054	3,70,045	4,28,382

Bank of Maharashtra cash flow

₹ crore, for each year.

Bank of Maharashtra Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	−1,086	2,914	7,517	−1,728	−10,870	695	2,455	6,919	−1,443	11,611	7,656	−11,373
Cash from investing activity	−151	−151	−99.19	−134	−106	−100	−169	−301	−175	−261	−496	−507
Cash from financing activity	1,886	−186	−76.96	1,100	4,221	699	217	378	228	461	4,751	−2,608
Net cash flow	650	2,561	7,300	−757	−6,709	1,288	2,488	6,961	−1,383	11,752	11,855	−14,417
Capex	155	156	103	140	133	124	193	310	325	280	520	423
Free cash flow	−1,236	2,757	7,409	−1,862	−10,996	585	2,262	6,611	−1,621	11,329	7,131	−11,760

Bank of Maharashtra ratios

Working-capital days and returns, by year.

Bank of Maharashtra Ratios
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
ROE %	6.0%	1.0%	−17.1%	−13.1%	−60.1%	5.0%	5.0%	8.9%	16.9%	22.9%	22.9%	22.9%

Bank of Maharashtra: frequently asked questions

What are the latest quarterly results of Bank of Maharashtra?

For the Sep 2026 quarter, Bank of Maharashtra reported revenue of ₹8,605 Cr, up 20.6% year on year and net profit of ₹2,136 Cr, up 27.9% year on year.

What is the annual revenue of Bank of Maharashtra?

Bank of Maharashtra's revenue for the year to Mar 2026 were ₹29,303 Cr; over the last twelve months they were ₹31,751 Cr.

What is the net profit of Bank of Maharashtra?

Net profit for the year to Mar 2026 was ₹7,022 Cr, and ₹8,004 Cr over the last twelve months. Earnings per share over the same trailing period were ₹10.37.

What is the free cash flow of Bank of Maharashtra?

Cash from operations was −₹11,373 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹11,760 Cr.

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