Bank of Maharashtra shares extended their post-Q4 results rally for a second consecutive session on Wednesday, April 22, gaining about 15% over two days.
The state-owned lender had reported a 35% year-on-year rise in net profit to ₹2,014 crore for the January–March quarter of FY26, driven by strong core income growth and a decline in bad loans.
The Pune-based bank had posted a net profit of Rs1,493 crore in the corresponding quarter last year.
In the quarter, the bank’s overall income rose to ₹8,693 crore compared to ₹7,711 crore from the previous year, as stated in a regulatory submission.
Interest income increased to ₹7,755 crore during the reviewed period, up from ₹6,731 crore in the same quarter last year.
Net Interest Income (NII) saw a 19% rise to ₹3,702 crore, compared to ₹3,116 crore for the same quarter in the previous year.
The increase in NII was driven by a 22% rise in loans, reaching ₹2.92 lakh crore in the fourth quarter that ended in March 2026.
