Q2 FY27 press release: net profit up 41.42% to ₹ 2,310 crore, gross NPA at 1.25%
Bank of Maharashtra has shared its press release on results for the quarter and half year ended 30 September 2026.
By ScoutQuest · · 2 min read
- Q2 FY27 net profit
- ₹ 2,310 crore
- Gross NPA
- 1.25%
- Total global business
- ₹ 7,05,766 crore
Headline numbers for the quarter
- Net profit rose 41.42% year-on-year to ₹ 2,310 crore for the quarter ended 30 September 2026, against ₹ 1,633 crore a year earlier.
- On a sequential basis, net profit was up 14.33%.
- Operating profit grew 30.86% year-on-year to ₹ 3,369 crore.
- Net Interest Income grew 21.76% to ₹ 3,954 crore.
- Total income for the quarter was ₹ 9,735 crore and total expenses were ₹ 6,367 crore.
Half year performance
- Net profit for the half year ended 30 September 2026 was ₹ 4,330 crore, up 34.22% year-on-year.
- Operating profit grew 26.08% to ₹ 6,486 crore.
- Net Interest Income rose 18.12% to ₹ 7,724 crore.
- Fee based income grew 3.54% to ₹ 866 crore.
- Return on Equity was 29.25% for the half year, against 22.30% earlier.
Business growth
- Total global business grew 25.16% to ₹ 7,05,766 crore.
- Total global deposits increased 21.50% to ₹ 3,76,407 crore.
- Gross global advances increased 29.61% to ₹ 3,29,359 crore; net advances grew 30.16% to ₹ 3,25,641 crore.
- Retail advances grew 20.91% to ₹ 94,582 crore; MSME advances grew 24.69% to ₹ 58,049 crore.
Asset quality and capital
- Gross NPA improved to 1.25% as on 30 September 2026, against 1.72% a year earlier.
- Net NPA improved to 0.12%, against 0.18% a year earlier.
- Provision Coverage Ratio improved to 98.53%, against 98.34% a year earlier.
- Total Basel III Capital Adequacy Ratio improved to 18.51%, with Common Equity Tier 1 ratio of 15.61%.
Margins and efficiency
- Domestic Net Interest Margin improved to 3.97%; global Net Interest Margin stood at 3.86%.
- Cost to Income Ratio improved to 33.73% for the quarter, against 37.10% a year earlier.
- Return on Assets improved to 2.02% for the quarter and 1.96% for the half year.
What this means for a retail reader
The release shows higher profit, lower bad-loan ratios and faster growth in advances than deposits for the period. Capital adequacy is above the regulatory minimum, per the release. The headline carries the bank's own reported numbers for the quarter and half year.
Also from Bank of Maharashtra
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27 Oct 2026
Security cover certificate: all listed debt securities unsecured; sanctioned amount Rs. 7930.70 crore
26 Oct 2026
Bank of Maharashtra Q2 FY27: deposits up 21.50%, global advances up 29.61% to ₹3,29,359 crore
26 Oct 2026
More numbers
- Net profit for Q2 FY27₹ 2,310 crore
- Net profit growth YoY41.42%
- Gross NPA1.25%
- Net NPA0.12%
- Total global business₹ 7,05,766 crore
- Total global deposits₹ 3,76,407 crore
- Gross global advances₹ 3,29,359 crore
- CRAR18.51%
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