| 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 | 13-01-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 07-01-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | Third 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 | 13-01-2026 10:45:00 |
| End date and time of board meeting | 13-01-2026 14:00:00 |
| Whether cash flow statement is applicable on company | |
| Type of cash flow statement | |
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion |
| 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 | 01-10-2025 | 01-04-2025 |
| B | Date of end of reporting period | 31-12-2025 | 31-12-2025 |
| 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 | 5,64,710.00 | 16,50,520.00 | |
| Income on investments | 1,65,097.00 | 4,77,755.00 | |
| Interest on balances with reserve bank of India and other inter bank funds | 2,582.00 | 20,153.00 | |
| Others | 2,033.00 | 4,228.00 | |
| Total interest earned | 7,34,422.00 | 21,52,656.00 | |
| 2 | Other income | 93,300.00 | 2,60,370.00 |
| 3 | Total income | 8,27,722.00 | 24,13,026.00 |
| Expenses | |||
| 4 | Interest expenses | 3,92,156.00 | 11,56,387.00 |
| 5 | Operating expenses | ||
| (i) | Employees cost | 79,769.00 | 2,49,976.00 |
| (ii) | Details of other operating expenses | ||
| Description of other operating expenses | |||
| 1 | Other operating expenses | 82,207.00 | 2,18,559.00 |
| Total other operating Expenses | 82,207.00 | 2,18,559.00 | |
| Total Operating Expenses | 1,61,976.00 | 4,68,535.00 | |
| 6 | Total expenditure excluding provisions and contingencies | 5,54,132.00 | 16,24,922.00 |
| 7 | Operating profit before provision and contingencies | 2,73,590.00 | 7,88,104.00 |
| 8 | Provisions other than tax and contingencies | 72,818.00 | 2,35,147.00 |
| 9 | Exceptional items | 0.00 | 0.00 |
| 10 | Total profit (loss) from ordinary activities before tax | 2,00,772.00 | 5,52,957.00 |
| 11 | Provision for Tax | 22,814.00 | 52,340.00 |
| 12 | Net profit (loss) from ordinary activities after tax | 1,77,958.00 | 5,00,617.00 |
| 13 | Extraordinary items net of tax expenses | 0.00 | 0.00 |
| 14 | Net profit (loss) for the period | 1,77,958.00 | 5,00,617.00 |
| 15 | Share of profit (loss) of associates | 1,941.00 | (3,420.00) |
| 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 | 1,79,899.00 | 4,97,197.00 |
| 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 | 73.600 | 73.600 |
| (ii) | Capital adequacy ratio | ||
| CET 1 ratio | 13.100 | 13.100 | |
| Additional Tier 1 ratio | 0.8500 | 0.8500 | |
| (iii) (a) | Earnings per share before extraordinary items | ||
| Basic earnings per share before extraordinary items | 2.34 | 6.46 | |
| Diluted earnings per share before extraordinary items | 2.34 | 6.46 | |
| (iii) (b) | Earnings per share after extraordinary items | ||
| Basic earnings per share after extraordinary items | 2.34 | 6.46 | |
| Diluted earnings per share after extraordinary items | 2.34 | 6.46 | |
| (iv) | NPA Ratios | ||
| Amount of gross non-performing assets | 4,38,779.00 | 4,38,779.00 | |
| Amount of net non-performing assets | 41,229.00 | 41,229.00 | |
| % of gross NPAs | 1.600 | 1.600 | |
| % of net NPAs | 0.1500 | 0.1500 | |
| Return on assets | 1.8800 | 1.8100 | |
| 21 | Disclosure of notes on financial results by banks | ||
| 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 | 01-10-2025 | 01-04-2025 | |||||
| Date of end of reporting period | 31-12-2025 | 31-12-2025 | |||||
| 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 | 1,55,786.00 | 5,20,023.00 | ||||
| 2 | Corporate/Wholesale Banking Operations | 2,87,682.00 | 8,13,962.00 | ||||
| 3 | Retail Banking Operations | 3,78,319.00 | 10,64,654.00 | ||||
| 4 | Other Banking Operations | 7,876.00 | 10,967.00 | ||||
| 5 | Unallocated | 0.00 | 0.00 | ||||
| 6 | Capital & Reserves & Surplus | 0.00 | 0.00 | ||||
| Total Segment Revenue | 8,29,663.00 | 24,09,606.00 | |||||
| Less: Inter segment revenue | 0.00 | 0.00 | |||||
| Income from operations | 8,29,663.00 | 24,09,606.00 | |||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| 1 | Treasury Operations | 13,582.00 | 1,19,381.00 | ||||
| 2 | Corporate/Wholesale Banking Operations | 80,224.00 | 2,04,315.00 | ||||
| 3 | Retail Banking Operations | 1,05,048.00 | 2,23,039.00 | ||||
| 4 | Other Banking Operations | 3,859.00 | 2,801.00 | ||||
| 5 | Unallocated | 0.00 | 0.00 | ||||
| 6 | Capital & Reserves & Surplus | 0.00 | 0.00 | ||||
| Total Profit before tax | 2,02,713.00 | 5,49,536.00 | |||||
| i. Finance cost | 0.00 | 0.00 | |||||
| ii. Other Unallocable Expenditure net off Unallocable income | 0.00 | 0.00 | |||||
| Profit before tax | 2,02,713.00 | 5,49,536.00 | |||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| 1 | Treasury Operations | 1,05,12,750.00 | 1,05,12,750.00 | ||||
| 2 | Corporate/Wholesale Banking Operations | 1,28,92,709.00 | 1,28,92,709.00 | ||||
| 3 | Retail Banking Operations | 1,44,85,192.00 | 1,44,85,192.00 | ||||
| 4 | Other Banking Operations | 11,81,619.00 | 11,81,619.00 | ||||
| 5 | Unallocated | 2,58,934.00 | 2,58,934.00 | ||||
| 6 | Capital & Reserves & Surplus | 0.00 | 0.00 | ||||
| Total Segment Assets | 3,93,31,204.00 | 3,93,31,204.00 | |||||
| Un-allocable Assets | 0.00 | 0.00 | |||||
| Net Segment Assets | 3,93,31,204.00 | 3,93,31,204.00 | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| 1 | Treasury Operations | 1,03,43,634.00 | 1,03,43,634.00 | ||||
| 2 | Corporate/Wholesale Banking Operations | 1,17,59,984.00 | 1,17,59,984.00 | ||||
| 3 | Retail Banking Operations | 1,28,14,060.00 | 1,28,14,060.00 | ||||
| 4 | Other Banking Operations | 10,72,935.00 | 10,72,935.00 | ||||
| 5 | Unallocated | 0.00 | 0.00 | ||||
| 6 | Capital & Reserves & Surplus | 33,40,591.00 | 33,40,591.00 | ||||
| Total Segment Liabilities | 3,93,31,204.00 | 3,93,31,204.00 | |||||
| Un-allocable Liabilities | 0.00 | 0.00 | |||||
| Net Segment Liabilities | 3,93,31,204.00 | 3,93,31,204.00 | |||||
| Disclosure of notes on segments | |||||||
| 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 Manubhai & Shah LLP | Yes | 29-02-2028 | ||
| 3 | M/s Sagar & Associates | Yes | 30-11-2028 | ||
| 4 | M/s S. Singhal & Co. | Yes | 28-02-2027 | ||