INTEGRATED FILING — BANKING
General information about company
| Scrip code |
532525 |
| NSE Symbol |
MAHABANK |
| MSEI Symbol |
NOTLISTED |
| ISIN |
INE457A01014 |
| Name of bank |
Bank of Maharashtra |
| Class of security |
Equity |
| Date of start of financial year |
01-04-2025 |
| Date of end of financial year |
31-03-2026 |
| Date of board meeting when results were approved |
14-10-2025 |
| Date on which prior intimation of the meeting for considering financial results was
informed to the exchange |
09-10-2025 |
| Description of presentation currency |
INR |
| Level of rounding used in financial results |
Lakhs |
| Reporting Type |
Quarterly |
| Reporting Quarter |
Second quarter |
| Nature of report standalone or consolidated |
Consolidated |
| Whether results are audited or unaudited |
Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended |
Unaudited |
| Segment Reporting |
Multi segment |
| Description of single segment |
|
| Start date and time of board meeting |
14-10-2025
11:45:00 |
| End date and time of board meeting |
14-10-2025 14:45:00
|
| Whether cash flow statement is applicable on company |
Yes |
| Type of cash flow statement |
Cash Flow Direct |
| Declaration of unmodified opinion or statement on impact of audit qualification |
Declaration of unmodified opinion |
Financial Results - Banking
Amount in (Lakhs)
| Particulars |
3 months/ 6 months ended (dd-mm-yyyy) |
Year to date figures for current period ended (dd-mm-yyyy) |
| A |
Date of start of reporting period |
01-07-2025 |
01-04-2025 |
| B |
Date of end of reporting period |
30-09-2025 |
30-09-2025 |
| C |
Whether results are audited or unaudited |
Unaudited |
Unaudited |
| D |
Nature of report standalone or consolidated |
Consolidated |
Consolidated |
| 1 |
Interest earned
|
|
Interest or discount on advances or bills |
5,45,071.00 |
10,85,810.00 |
|
Income on investments |
1,63,380.00 |
3,12,658.00 |
|
Interest on balances with reserve bank of India and other inter bank funds
|
3,232.00 |
17,571.00 |
|
Others |
1,153.00 |
2,195.00 |
|
Total interest earned |
7,12,836.00 |
14,18,234.00 |
| 2 |
Other income |
84,550.00 |
1,67,070.00 |
| 3 |
Total income |
7,97,386.00 |
15,85,304.00 |
|
Expenses
|
| 4 |
Interest expenses |
3,88,040.00 |
7,64,231.00 |
| 5 |
Operating expenses
|
| (i) |
Employees cost |
82,188.00 |
1,70,207.00 |
| (ii) |
Details of other operating expenses
|
|
Description of other operating expenses
|
| 1 |
Other operating expenses |
69,684.00 |
1,36,352.00 |
|
Total other operating Expenses |
69,684.00 |
1,36,352.00 |
|
Total Operating Expenses |
1,51,872.00 |
3,06,559.00 |
| 6 |
Total expenditure excluding provisions and contingencies
| 5,39,912.00 |
10,70,790.00 |
| 7 |
Operating profit before provision and contingencies |
2,57,474.00 |
5,14,514.00 |
| 8 |
Provisions other than tax and contingencies |
75,588.00 |
1,62,329.00 |
| 9 |
Exceptional items |
0.00 |
0.00 |
| 10 |
Total profit (loss) from ordinary activities before tax
| 1,81,886.00 |
3,52,185.00 |
| 11 |
Provision for Tax |
18,536.00 |
29,526.00 |
| 12 |
Net profit (loss) from ordinary activities after tax |
1,63,350.00 |
3,22,659.00 |
| 13 |
Extraordinary items net of tax expenses
| 0.00 |
0.00 |
| 14 |
Net profit (loss) for the period |
1,63,350.00 |
3,22,659.00 |
| 15 |
Share of profit (loss) of associates
| 3,511.00 |
(5,361.00) |
| 16
| Profit (loss) of minority interest
| 0.00 |
0.00 |
| 17
| Net Profit (loss) after taxes minority interest and share of profit
(loss) of associates
| 1,66,861.00 |
3,17,298.00 |
|
| 18 |
Details of equity share capital [Abstract]
|
|
Paid-up equity share capital
| 7,69,155.00 |
7,69,155.00 |
|
Face value of equity share capital
| 10 |
10 |
| 19 |
Reserve excluding revaluation reserves (as per balance sheet of previous accounting year) |
|
|
|
| 20 |
Analytical ratios |
| (i)
| Percentage of share held by government of India |
79.60 |
79.60 |
| (ii) |
Capital adequacy ratio
|
|
CET 1 ratio |
14.05 |
14.05 |
|
| Additional Tier 1 ratio |
0.91 |
0.91 |
| (iii) (a) |
Earnings per share before extraordinary items
|
|
Basic earnings per share before extraordinary items
| 2.17 |
4.13 |
|
Diluted earnings per share before extraordinary items
| 2.17 |
4.13 |
| (iii) (b) |
Earnings per share after extraordinary items
|
|
Basic earnings per share after extraordinary items
| 2.17 |
4.13 |
|
Diluted earnings per share after extraordinary items
| 2.17 |
4.13 |
| (iv) |
NPA Ratios
|
|
| Amount of gross non-performing assets
| 4,37,206.00 |
4,37,206.00 |
|
Amount of net non-performing assets
| 44,208.00 |
44,208.00 |
|
% of gross NPAs |
1.72 |
1.72 |
|
% of net NPAs
| 0.18 |
0.18 |
|
Return on assets
| 1.86 |
1.78 |
| 21 |
Disclosure of notes on financial results by banks
| |
Statement of Asset and Liabilities
Amount in (Lakhs)
| Particulars |
Year ended (dd-mm-yyyy)
|
| Date of start of reporting period |
01-04-2025 |
| Date of end of reporting period |
30-09-2025 |
| Whether results are audited or unaudited |
Unaudited |
| Nature of report standalone or consolidated |
Consolidated |
| 1 |
Capital and liabilities |
|
Capital |
7,69,155.00 |
|
Reserves and surplus |
23,70,105.00 |
|
Deposits |
3,09,76,748.00 |
|
Borrowings |
24,92,365.00 |
|
| Other liabilities and provisions |
7,42,310.00 |
|
Total Capital Liabilities |
3,73,50,683.00 |
| 2
| ASSETS
|
|
| Cash and Balances with Reserve Bank of India |
17,27,640.00 |
|
| Balances with Banks and money at call and short notice
| 66,240.00 |
|
Investments |
96,19,901.00 |
|
Advances |
2,50,18,818.00 |
|
Fixed Assets |
29044200000 |
|
Other Assets |
6,27,642.00 |
|
Total Assets |
3,73,50,683.00 |
|
Disclosure of notes on assets and liabilities |
|
Text Block
Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results
Amount in (Lakhs)
| Particulars |
3 months/ 6 months ended (dd-mm-yyyy) |
Year to date figures for current period ended (dd-mm-yyyy) |
| Date of start of reporting period |
01-07-2025 |
01-04-2025 |
| Date of end of reporting period |
30-09-2025 |
30-09-2025 |
| Whether results are audited or unaudited |
Unaudited |
Unaudited |
| Nature of report standalone or consolidated |
Consolidated |
Consolidated |
| 1 |
Segment Revenue (Income)
|
|
| (net sale/income from each segment should be disclosed) |
| 1 |
Treasury Operations |
1,80,934.00 |
3,64,237.00 |
| 2 |
Corporate/Wholesale banking operations |
2,65,816.00 |
5,26,280.00 |
| 3 |
Retail Banking Operations |
3,47,083.00 |
6,86,335.00 |
| 4 |
Other Banking Operations |
7,064.00 |
3,091.00 |
| 5 |
Unallocated |
0.00 |
0.00 |
| 6 |
Capital & Reserve & Surplus |
0.00 |
0.00 |
|
| Total Segment Revenue
| 8,00,897.00 |
15,79,943.00 |
|
Less: Inter segment revenue |
0.00 |
0.00 |
|
Income from operations |
8,00,897.00 |
15,79,943.00 |
| 2
| Segment Result
|
|
| Profit (+) / Loss (-) before tax and interest from each segment
|
| 1 |
Treasury Operations |
43,287.00 |
1,05,799.00 |
| 2 |
Corporate/Wholesale banking operations |
68,323.00 |
1,24,092.00 |
| 3 |
Retail Banking Operations |
67,795.00 |
1,17,991.00 |
| 4 |
Other Banking Operations |
5,992.00 |
(1,058.00) |
| 5 |
Unallocated |
0.00 |
0.00 |
| 6 |
Capital & Reserve & Surplus |
0.00 |
0.00 |
|
Total Profit before tax |
1,85,397.00 |
3,46,824.00 |
|
i. Finance cost |
0.00 |
0.00 |
|
ii. Other Unallocable Expenditure net off Unallocable income
|
0.00 |
0.00 |
|
Profit before tax |
1,85,397.00 |
3,46,824.00 |
| 3 |
(Segment Asset - Segment Liabilities) |
|
Segment Asset |
| 1 |
Treasury Operations |
1,00,77,301.00 |
1,00,77,301.00 |
| 2 |
Corporate/Wholesale banking operations |
1,21,02,765.00 |
1,21,02,765.00 |
| 3 |
Retail Banking Operations |
1,33,31,524.00 |
1,33,31,524.00 |
| 4 |
Other Banking Operations |
15,89,812.00 |
15,89,812.00 |
| 5 |
Unallocated |
2,49,280.00 |
2,49,280.00 |
| 6 |
Capital & Reserve & Surplus |
0.00 |
0.00 |
|
Total Segment Assets |
3,73,50,682.00 |
3,73,50,682.00 |
|
Un-allocable Assets |
0.00 |
0.00 |
|
Net Segment Assets |
3,73,50,682.00 |
3,73,50,682.00 |
| 4 |
Segment Liabilities |
|
Segment Liabilities |
| 1 |
Treasury Operations |
98,99,346.00 |
98,99,346.00 |
| 2 |
Corporate/Wholesale banking operations |
1,09,26,010.00 |
1,09,26,010.00 |
| 3 |
Retail Banking Operations |
1,20,13,335.00 |
1,20,13,335.00 |
| 4 |
Other Banking Operations |
13,72,731.00 |
13,72,731.00 |
| 5 |
Unallocated |
0.00 |
0.00 |
| 6 |
Capital & Reserve & Surplus |
31,39,260.00 |
31,39,260.00 |
| |
Total Segment Liabilities |
3,73,50,682.00 |
3,73,50,682.00 |
| |
Un-allocable Liabilities |
0.00 |
0.00 |
|
Net Segment Liabilities |
3,73,50,682.00 |
3,73,50,682.00 |
|
Disclosure of notes on segments |
|
Cash Flow Statement,Direct
Amount in (Lakhs)
| Particulars |
Year ended (dd-mm-yyyy) |
| A |
Date of start of reporting period |
01-04-2025 |
| B |
Date of end of reporting period |
30-09-2025 |
| C |
Whether results are audited or unaudited |
Unaudited |
| D |
Nature of report standalone or consolidated |
Consolidated |
| 1 |
Statement of cash flows |
| 2 |
Cash flows from used in operating activities |
|
Classes of cash receipts from operating activities |
| |
Receipts from sales of goods and rendering of services |
14,18,234.00 |
| |
Receipts from royalties fees, commissions and other revenue |
0.00 |
| |
Receipts from future contracts, forward contracts, options contracts and swap contracts
held for dealing or trading purpose |
0.00 |
| |
Receipts from premiums and claims annuities and other policy benefits |
0.00 |
|
| Other cash receipts from operating activities |
1,67,070.00
|
| 3 |
Classes of cash payments |
| |
Payments to suppliers for goods and services |
7,64,231.00 |
|
| Payments to future contracts, forward contracts, options contracts and swap contracts held
for dealing or trading purpose |
0.00 |
| |
Payments to and on behalf of employees |
0.00 |
| |
Payments for premiums and claims, annuities and other policy benefits |
0.00 |
| |
Other cash payments from operating activities |
3,06,559.00 |
|
Net cash flows from (used in) operations |
5,14,514.00 |
| |
Dividends received |
0.00 |
|
Interest paid |
0.00 |
| |
Interest received |
0.00 |
| |
Income taxes paid (refund) |
0.00 |
| |
Other inflows (outflows) of cash |
(27,67,332.00) |
|
Net cash flows from (used in) operating activities before extraordinary items |
(22,52,818.00) |
| |
Proceeds from extraordinary items |
0.00 |
| |
Payment for extraordinary items |
0.00 |
|
Net cash flows from (used in) operating activities |
(22,52,818.00) |
| 4 |
Cash flows from used in investing activities |
| |
Cash flows from losing control of subsidiaries or other businesses |
0.00
|
| |
Cash flows used in obtaining control of subsidiaries or other businesses |
0.00 |
| |
Other cash receipts from sales of equity or debt instruments of other entities |
0.00 |
| |
Other cash payments to acquire equity or debt instruments of other entities |
0.00 |
| |
Other cash receipts from sales of interests in joint ventures |
0.00
|
|
|
Other cash payments to acquire interests in joint ventures |
0.00
|
| |
Cash receipts from share of profits of partnership firm or association of persons or
limited liability partnerships |
0.00
|
| |
Cash payment for investment in partnership firm or association of persons or limited
liability partnerships |
0.00 |
| |
Proceeds from sales of tangible assets |
1,433.00 |
| |
Purchase of tangible assets |
19,158.00 |
| |
Proceeds from sales of intangible assets |
0.00 |
| |
Purchase of intangible assets |
0.00 |
| |
Cash advances and loans made to other parties |
0.00 |
| |
Cash receipts from repayment of advances and loans made to other parties |
0.00 |
| |
Cash payments for future contracts, forward contracts, option contracts and swap contracts |
0.00 |
| |
Cash receipts from future contracts, forward contracts, option contracts and swap
contracts |
0.00
|
| |
Dividends received |
0.00 |
| |
Interest received |
0.00 |
| |
Income taxes paid (refund) |
0.00 |
| |
Other inflows (outflows) of cash
| (5,361.00) |
| |
Proceeds from government grants |
0.00 |
|
Net cash flows from (used in) investing activities before extraordinary items |
(23,086.00) |
| |
Proceeds from extraordinary items |
0.00 |
| |
Payment for extraordinary items |
0.00 |
|
Net cash flows from (used in) investing activities |
(23,086.00) |
| 5 |
Cash flows from used in financing activities |
| |
Proceeds from issuing shares |
0.00 |
| |
Proceeds from issuing other equity instruments |
0.00 |
| |
Proceeds from issuing debentures notes bonds etc |
0.00 |
| |
Proceeds from borrowings |
0.00 |
| |
Repayments of borrowings
| 0.00 |
| |
Dividends paid |
1,15,373.00 |
| |
Interest paid |
34,334.00 |
| |
Income taxes paid (refund) |
0.00 |
| |
Other inflows (outflows) of cash |
0.00 |
|
Net cash flows from (used in) financing activities before extraordinary items |
(1,49,707.00)
|
| |
Proceeds from extraordinary items |
0.00 |
| |
Payment for extraordinary items
| 0.00 |
|
| Net cash flows from (used in) financing activities |
(1,49,707.00) |
|
| Net increase (decrease) in cash and cash equivalents before effect of
exchange rate changes |
(24,25,611.00)
|
| 6 |
Effect of exchange rate changes on cash and cash equivalents
|
| |
Effect of exchange rate changes on cash and cash equivalents |
0.00 |
|
Net increase (decrease) in cash and cash equivalents |
(24,25,611.00) |
| |
Cash and cash equivalents cash flow statement at beginning of period |
42,19,491.00
|
|
Cash and cash equivalents cash flow statement at end of period |
17,93,880.00 |
Details of Impact of Audit Qualification
Amount in (Lakhs)
| Whether results are audited or unaudited |
Unaudited |
| Declaration of unmodified opinion or statement on impact of audit qualification |
Declaration of unmodified opinion |
| Auditor's opinion |
|
| Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015:
The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified
opinion for the period on Standalone results |
Yes |
| Sr No. |
Audit firm's name |
Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI |
Certificate valid upto |
| 1 |
M/s G D Apte & Co. |
Yes |
29-02-2028 |
| 2 |
M/s Sundaram & Srinivasan |
Yes |
30-09-2027 |
| 3 |
M/s Kirtane & Pandit LLP |
Yes |
31-12-2025 |
| 4 |
M/s Manubhai & Shah LLP |
Yes |
29-02-2028 |