Bank of Maharashtra reports strong Q1 results

Bank of Maharashtra reported robust Q1 FY25-26 results with net profit of INR 1,593 crore and net interest income of INR 3,292 crore.

The bank's asset quality remained strong with gross non-performing assets at just 1.74% and net NPAs at 0.18%. Its capital adequacy ratio stood at 20.06%, well above regulatory requirements.

Gross advances reached INR 2,41,097 crore while deposits totaled INR 3,05,046 crore. The bank will conduct investor road shows on August 11-12 to discuss its growth outlook with analysts and prospective investors.