Interest earned by the bank grew to ₹8,037 crore as compared to ₹7,054 crore in the June quarter of FY26. | Photo Credit: SANTOSH MISHRA

Bank of Maharashtra (BoM) on Friday reported a 27 per cent jump in net profit to ₹2,020 crore for the first quarter of the current fiscal.

The Pune-based lender had posted a net profit of ₹1,593 crore in the year-ago period.

Total income in the quarter under review rose to ₹9,063 crore from ₹7,879 crore in the same period a year ago, the state-owned lender said in a regulatory filing.

Interest earned by the bank grew to ₹8,037 crore as compared to ₹7,054 crore in the June quarter of FY26.

The bank's asset quality showed improvement as gross non-performing assets (NPAs) declined to 1.45 per cent of gross advances at the end of the June quarter FY27 from 1.74 per cent a year ago.

Similarly, net NPAs or bad loans declined to 0.13 per cent as against 0.18 per cent in the year-ago period.

Capital adequacy ratio of the bank declined to 18.64 per cent from 20.06 per cent in the same quarter of FY24.

Published on July 10, 2026