Bank of Maharashtra Shares Surge 15% Following Strong Q4 Results
Bank of Maharashtra shares extend Q4 results rally for the second straight session, rises 15% in two days
Mint
Image: Mint
Bank of Maharashtra shares rose by approximately 15% over two days following the announcement of a 35% year-on-year increase in net profit to ₹2,014 crore for Q4 FY26. This growth was fueled by improved core income and reduced bad loans, indicating a positive trend in the bank's financial health.
- 01Bank of Maharashtra's net profit increased by 35% to ₹2,014 crore in Q4 FY26.
- 02The bank's overall income rose to ₹8,693 crore, up from ₹7,711 crore the previous year.
- 03Net Interest Income (NII) grew by 19% to ₹3,702 crore.
- 04Gross Non-Performing Assets (GNPAs) fell to 1.45% of total advances.
- 05The capital adequacy ratio decreased to 18.36% from 20.53%.
Advertisement
In-Article Ad
Bank of Maharashtra, based in Pune, reported a significant 35% increase in net profit to ₹2,014 crore for the January-March quarter of FY26, compared to ₹1,493 crore in the same period last year. This surge is attributed to strong core income growth and a reduction in bad loans. The bank's overall income also saw a rise, reaching ₹8,693 crore, up from ₹7,711 crore the previous year. Interest income increased to ₹7,755 crore, reflecting a robust performance in the lending segment. The Net Interest Income (NII) rose by 19% to ₹3,702 crore due to a 22% increase in loans, totaling ₹2.92 lakh crore. On the asset quality front, the gross Non-Performing Assets (GNPAs) improved, falling to 1.45% of total advances, down from 1.74% a year earlier. However, the capital adequacy ratio decreased to 18.36%, a slight decline from 20.53% at the end of the previous fiscal year. The bank's Return on Assets (ROA) improved to 1.86%, indicating enhanced efficiency.
Advertisement
In-Article Ad
The bank's improved financial performance could lead to more favorable lending conditions for customers and potentially lower interest rates on loans.
Advertisement
In-Article Ad
Reader Poll
Do you think Bank of Maharashtra's strong performance will continue in the next quarter?
Connecting to poll...
More about Bank of Maharashtra
Comparing Personal Loan Interest Rates: PSU vs Private Banks in 2026
The Economic Times • Apr 22, 2026
Bank of Maharashtra Surges to 52-Week High Amidst Broader Market Rally
The Economic Times • Apr 21, 2026

Vodafone Idea, Groww, and Bank of Maharashtra Lead Trading Volume on April 21, 2026
Mint • Apr 21, 2026
Read the original article
Visit the source for the complete story.


