Bank of Maharashtra (BoM)’s profit after tax increased 23.09% to ₹1,633 crore on higher net interest income in the second quarter of fiscal 2026 on a year-on-year basis (YoY).
The public sector bank posted a net profit of ₹1,327 crore in the corresponding quarter of the previous year. The bank’s NII increased 15.7% to ₹3,248 crore in the reporting quarter as against ₹2,807 crore in the year-ago period. The net interest margin, however, dipped to 3.85% in the second quarter of the current fiscal, making it three straight quarters of reducing margin.
Gross non-performing assets as a share of total loans reduced to 1.72% in the reporting quarter from 1.84% in the year ago period. The GNPA has been slowing for nine consecutive quarter from September 2023. Net non-performing assets (NNPA) stayed consistently low at 0.18% for three quarters straight. In September 2024, this was marginally higher at 0.20%.
Published – October 15, 2025 12:03 am IST
