DBT Bureau
Pune, 12 July 2026
Bank of Maharashtra reported a strong financial performance in Q1 FY27. The Bank’s net profit increased by 26.84% year-on-year to ₹2,020 crore in Q1 FY27, compared with ₹1,593 crore in Q1 FY26, while rising 0.31% quarter-on-quarter. Operating Profit grew 21.29% YoY to ₹3,117 crore from ₹2,570 crore, with a 5.81% QoQ increase. Net Interest Income (NII) rose 14.53% YoY to ₹3,770 crore from ₹3,292 crore, and was up 1.82% sequentially. The Cost-to-Income Ratio improved to 35.04% in Q1 FY27 from 37.57% a year earlier and 36.51% in the previous quarter. Return on Assets (ROA) also improved to 1.90% in Q1 FY27, compared with 1.80% in Q1 FY26.
Highlights of Q1 FY27 result
- Total Global Business grew by 19.10 % to ₹ 6,50,457 crore.
- Total Global Deposits increased by 12.93 % to ₹3,44,493 crore.
- Gross Global Advances increased by 26.90 % to ₹ 3,05,964 crore.
- Domestic Credit – Deposit (CD) Ratio stood at 86.58%.
- Gross NPA declined to 1.45 %.
- Net NPA reduced to 0.13 %.
- Provision Coverage Ratio improved to 98.55 %.
- Operating profit grew by 21.29 % to ₹ 3,117 crore.
- Net Profit increased by 26.84 % to ₹ 2,020 crore.
- Net Interest Income increased by 14.53 % to ₹ 3,770 crore.
- Domestic Net Interest Margin (NIM) stood at 3.85 %.
- Cost to Income Ratio stood at 35.04 %.
- Return on Assets (ROA) improved to 1.90 %.
- Return on Equity (ROE) improved to 24.65 %.
- CRAR stood at 18.64 % of which Tier I is 16.35%.
| Particulars (₹ crore) | Jun 25 | Mar 26 | Jun 26 | Y-o-Y Change (%) | Q-o-Q Change (%) |
|---|---|---|---|---|---|
| Total Income | 7,879 | 8,693 | 9,063 | 15.03 | 4.26 |
| Total Expenses | 5,309 | 5,747 | 5,946 | 12.00 | 3.46 |
| Operating Profit | 2,570 | 2,946 | 3,117 | 21.29 | 5.81 |
| Provisions & Cont. other than taxes | 867 | 617 | 840 | (3.11) | 36.21 |
| Profit Before Tax | 1,703 | 2,329 | 2,277 | 33.73 | (2.24) |
| Tax Expense | 110 | 315 | 257 | 133.76 | (18.55) |
| Net Profit | 1,593 | 2,014 | 2,020 | 26.84 | 0.31 |
