Bank of Maharashtra Q4 FY26: Profit momentum meets cleaner credit

FY26 net profit was INR 7,019 crore, up 27.17% year-on-year (from INR 5,520 crore in FY25).

Total deposits were INR 3,50,564 crore at Mar 26 (14.14% YoY). Global advances were INR 2,91,967 crore at Mar 26 (21.74% YoY).

CASA ratio was 52.51% as of 31 March 2026 (CASA balances INR 1,84,087 crore).

Gross NPA was 1.45% and Net NPA was 0.13% as of 31 March 2026.

Key guidance included total business growth 16% to 17%, advances growth 18%, deposits growth 14% to 15%, NIM 3.75%, ROA 1.80%, GNPA within 2%, NNPA within 0.25%, and CRAR at 18%.

Overseas advances increased to INR 6,142 crore by Mar 26. Management stated the GIFT City IBU has visibility of pipeline and turned bottom-line positive in March after covering overheads.