Bank of Maharashtra Q3 results: Government-owned Bank of Maharashtra on Tuesday, January 13, reported a 26.50% year-on-year (YoY) rise in its consolidated profit to ₹1,779.58 crore for the December quarter of the current financial year (Q3FY26). In the same quarter last year, the lender’s profit was ₹Rs 1,406.73 crore.
The bank’s total income for the quarter rose 16.4% YoY to ₹8,277.22 crore from ₹7,112.66 crore in Q3FY25.
Operating profit, or the profit before provisions and contingencies, rose nearly 19% YoY to ₹2,735.90 crore from ₹2,303.39 crore in Q3FY25.
Net profit margin improved to 21.68% from 19.83% YoY, while operating margin climbed to 33.21% from 32.43% YoY in Q3FY26.
(This is a developing story. Please check back for fresh updates.)
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