💡 Strong Q4 and FY26 results with 34.89% YoY net profit growth, improved asset quality, and dividend declaration.
What Happened
Bank of Maharashtra has announced its financial results for the quarter and year ended March 31, 2026. The bank reported a 34.89% year-on-year increase in net profit for Q4 FY26, reaching ₹2,014 crore. For the full fiscal year, net profit grew by 27.17% to ₹7,019 crore. The bank also declared a final dividend of 12% (₹1.20 per equity share) for FY26.
Key Details
- Company: Bank of Maharashtra
- Event Type: Earnings
- Filing Date: 20-Apr-2026 15:10:02
- NSE Filing: View Document
Why It Matters
The results demonstrate strong operational performance with significant growth across key metrics. Net Interest Income grew by 18.81% YoY in Q4, while asset quality improved substantially with Gross NPA declining to 1.45% and Net NPA reducing to 0.13%. The bank's total business grew by 17.47% to ₹642,531 crore, driven by 21.74% growth in gross advances. These figures indicate robust business expansion, improved profitability, and strengthening financial health, which are positive indicators for investors.
Disclaimer: This is publicly available information sourced from NSE. Not investment advice.
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