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-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 25-Apr-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 19-Apr-2025
Description of presentation currency INR (in Actuals)
Reporting Type Half Yearly
Reporting Quarter Yearly
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 25-Apr-2025   10:30:00
End date and time of board meeting 25-Apr-2025   15:05:00
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
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-Oct-2024 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Interest earned
Interest or discount on advances or bills 52331700000 192915100000
Income on investments 13798800000 53605600000
Interest on balances with reserve bank of India and other inter bank funds 650200000 2026400000
Others 527500000 928800000
Total interest earned 67308200000 249475900000
2 Other income 9809400000 34550200000
3 Total income 77117600000 284026100000
Expenses
4 Interest expenses 36140100000 132805800000
5 Operating expenses
(i) Employees cost 8808700000 34417700000
(ii) Details of other operating expenses
Description of other operating expenses
1 Other operating expenses 6967100000 23597300000
Total other operating Expenses 6967100000 23597300000
Total Operating Expenses 15775800000 58015000000
6 Total expenditure excluding provisions and contingencies 51915900000 190820800000
7 Operating profit before provision and contingencies 25201700000 93205300000
8 Provisions other than tax and contingencies 9832900000 35965900000
9 Exceptional items 0 0
10 Total profit (loss) from ordinary activities before tax 15368800000 57239400000
11 Provision for Tax 435000000 2030700000
12 Net profit (loss) from ordinary activities after tax 14933800000 55208700000
13 Extraordinary items net of tax expenses 0 0
14 Net profit (loss) for the period 14933800000 55208700000
15 Share of profit (loss) of associates 89400000 209100000
16 Profit (loss) of minority interest 0 0
17 Net Profit (loss) after taxes minority interest and share of profit (loss) of associates 15023200000 55417800000
18 Details of equity share capital [Abstract]
Paid-up equity share capital 76915500000 76915500000
Face value of equity share capital 10 10
19 Reserve excluding revaluation reserves (as per balance sheet of previous accounting year) 0
20 Analytical ratios
(i) Percentage of share held by government of India 79.6 79.6
(ii) Capital adequacy ratio
CET 1 ratio 15.83 15.83
Additional Tier 1 ratio 1.03 1.03
(iii) (a) Earnings per share before extraordinary items
Basic earnings per share before extraordinary items 1.94 7.48
Diluted earnings per share before extraordinary items 1.94 7.48
(iii) (b) Earnings per share after extraordinary items
Basic earnings per share after extraordinary items 1.94 7.48
Diluted earnings per share after extraordinary items 1.94 7.48
(iv) NPA Ratios
Amount of gross non-performing assets 41845200000 41845200000
Amount of net non-performing assets 4317800000 4317800000
% of gross NPAs 1.74 1.74
% of net NPAs 0.18 0.18
Return on assets 1.78 1.78
21 Disclosure of notes on financial results by banks


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
1 Capital and liabilities
Capital 76915600000
Reserves and surplus 210164200000
Deposits 3071203000000
Borrowings 238525200000
Other liabilities and provisions 96730100000
Total Capital Liabilities 3693538100000
2 ASSETS
Cash and Balances with Reserve Bank of India 379930000000
Balances with Banks and money at call and short notice 42019100000
Investments 822157300000
Advances 2360838000000
Fixed Assets 29156200000
Other Assets 59437500000
Total Assets 3693538100000
Disclosure of notes on assets and liabilities


Text Block
Textual Information(1)


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results
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-Oct-2024 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Treasury Operations 15420200000 58778900000
2 Corporate/Wholesale banking operations 26582800000 98033000000
3 Retail Banking Operations 33920500000 124721800000
4 Other Banking Operations 1283400000 2701400000
5 Unallocated 0 0
6 Capital & Reserve & Surplus 0 0
Total Segment Revenue 77206900000 284235100000
Less: Inter segment revenue
Income from operations 77206900000 284235100000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Treasury Operations 3604600000 13562900000
2 Corporate/Wholesale banking operations 8111100000 27085700000
3 Retail Banking Operations 3376400000 15982700000
4 Other Banking Operations 366200000 817300000
5 Unallocated 0 0
6 Capital & Reserve & Surplus 0 0
Total Profit before tax 15458300000 57448600000
i. Finance cost 0 0
ii. Other Unallocable Expenditure net off Unallocable income 0 0
Profit before tax 15458300000 57448600000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Treasury Operations 1120370600000 1120370600000
2 Corporate/Wholesale banking operations 1263076000000 1263076000000
3 Retail Banking Operations 1138034100000 1138034100000
4 Other Banking Operations 148110700000 148110700000
5 Unallocated 23946700000 23946700000
6 Capital & Reserve & Surplus 0 0
Total Segment Assets 3693538100000 3693538100000
Un-allocable Assets 0 0
Net Segment Assets 3693538100000 3693538100000
4 Segment Liabilities
Segment Liabilities
1 Treasury Operations 1106791100000 1106791100000
2 Corporate/Wholesale banking operations 1145542400000 1145542400000
3 Retail Banking Operations 1027440200000 1027440200000
4 Other Banking Operations 115147300000 115147300000
5 Unallocated 11537300000 11537300000
6 Capital & Reserve & Surplus 287079800000 287079800000
Total Segment Liabilities 3693538100000 3693538100000
Un-allocable Liabilities 0 0
Net Segment Liabilities 3693538100000 3693538100000
Disclosure of notes on segments


Cash Flow Statement,Direct
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
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 249475806000
Receipts from royalties fees, commissions and other revenue 0
Receipts from future contracts, forward contracts, options contracts and swap contracts held for dealing or trading purpose 0
Receipts from premiums and claims annuities and other policy benefits 0
Other cash receipts from operating activities 34550245000
3 Classes of cash payments
Payments to suppliers for goods and services 132805751000
Payments to future contracts, forward contracts, options contracts and swap contracts held for dealing or trading purpose 0
Payments to and on behalf of employees 0
Payments for premiums and claims, annuities and other policy benefits 0
Other cash payments from operating activities 58014965000
Net cash flows from (used in) operations 93205335000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash -16926899000
Net cash flows from (used in) operating activities before extraordinary items 76278436000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) operating activities 76278436000
4 Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of tangible assets 35533000
Purchase of tangible assets 5194074000
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 209097000
Proceeds from government grants 0
Net cash flows from (used in) investing activities before extraordinary items -4949444000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) investing activities -4949444000
5 Cash flows from used in financing activities
Proceeds from issuing shares 35000000000
Proceeds from issuing other equity instruments 0
Proceeds from issuing debentures notes bonds etc 28230000000
Proceeds from borrowings 0
Repayments of borrowings 0
Dividends paid 9913923000
Interest paid 5813025000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities before extraordinary items 47503052000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) financing activities 47503052000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 118832044000
6 Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 118832044000
Cash and cash equivalents cash flow statement at beginning of period 303117049000
Cash and cash equivalents cash flow statement at end of period 421949093000




Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
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-Feb-2028
2 M/S SUNDARAM & SRINIVASAN Yes 30-Sep-2027
3 M/S KIRTANE & PANDIT LLP Yes 31-Dec-2025
4 M/s Manubhai & Shah LLP Yes 29-Feb-2028


Financial details
Sr. Particulars Audited Figures (as reported before adjusting for qualifications) Adjusted Figures (audited figures after adjusting for qualifications)
1 Turnover / Total income
2 Total Expenditure
3 Net Profit/(Loss)
4 Earnings Per Share
5 Total Assets
6 Total Liabilities
7 Net Worth

Any other financial item(s) (as felt appropriate by the management)



Signatories details

Name of CEO / Managing director
Name of CFO
Name of audit committee chairman
Name of statutory auditor
Name of other signatory, if any, with designation
Place
Date