Bank of Maharashtra Q1 FY26-27 PAT up 26.8% YoY at Rs 2,020 cr
MAHABANK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Bank of Maharashtra reported Q1 FY26-27 standalone net profit of Rs 2,020.19 crore, up 26.8% YoY from Rs 1,592.76 crore. Total income rose 15% to Rs 9,063 crore. Operating profit grew 21.3% to Rs 3,117 crore. Gross NPA improved to 1.45% (vs 1.74% YoY), net NPA steady at 0.13%. Bank reversed Rs 250 crore of COVID contingency provisions (auditors flagged this as emphasis of matter). Reported 47 fraud cases worth Rs 106.22 crore, with full provision held. RBI levied minor penalty of Rs 0.02 crore. Capital adequacy at 18.64%.
Strong earnings, improving asset quality, and higher operating margins are positive. COVID provision reversal boosted profit; monitor rising fraud count.