Bank of Maharashtra Posts ₹16.33 Billion Profit in Q2, Maintains Strong Asset Quality and NIM at 3.85%

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Bank of Maharashtra reported a robust Q2 FY26 performance with net profit of ₹16.33 billion and interest income of ₹71.28 billion. The bank maintained a healthy net interest margin (NIM) of 3.85% and reduced gross NPAs to 1.72%, reflecting strong operational efficiency and disciplined credit management.

Bank of Maharashtra (BoM), one of India’s leading public sector banks, has announced its financial results for the quarter ended September 30, 2025, showcasing strong profitability, stable margins, and improving asset quality. The bank continues to outperform peers in operational metrics, supported by a growing loan book and prudent risk controls.

📊 Key Highlights:

Net Profit: BoM posted a net profit of ₹16.33 billion for Q2 FY26, marking a significant year-on-year growth. The performance was driven by higher interest income and lower provisioning costs.

Interest Income: The bank earned ₹71.28 billion in interest income, reflecting strong credit growth and improved yield on advances.

Net Interest Margin (NIM): BoM maintained a NIM of 3.85%, one of the highest among public sector banks, indicating efficient lending practices and favorable deposit mix.

Asset Quality: Gross Non-Performing Assets (NPAs) declined to 1.72%, showcasing effective recovery efforts and disciplined underwriting. This is well below the industry average.

Deposit & Loan Growth: CASA deposits rose 14.55% to ₹1.55 lakh crore, while total deposits increased 12.1% to ₹3.09 lakh crore. The bank’s global business expanded 14.2% to ₹5.63 lakh crore.

Operational Efficiency: BoM continues to optimize its cost-to-income ratio and expand its digital banking footprint, contributing to improved profitability and customer acquisition.

Market Reaction: Despite strong fundamentals, the bank’s stock saw a minor dip ahead of results, reflecting broader market volatility. Analysts remain bullish on BoM’s long-term prospects.

🧩 Notable Updates:

BoM is actively expanding its retail and MSME lending portfolio, supported by government credit schemes.
The bank is investing in AI-driven risk analytics and digital onboarding to enhance customer experience and credit monitoring.
With consistent financial performance and a strong balance sheet, Bank of Maharashtra is well-positioned to capitalize on India’s credit demand surge and digital banking transformation.

Sources: 1. CNBC TV18 2. Bank of Maharashtra – Financial Results 3. Moneycontrol – BoM Quarterly Results

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