Bank of Maharashtra shares gain 2% as lender logs 17% rise in credit growth for Sept quarter; check all Q2 updates

The state-owned bank has reported a 16.8% year-on-year growth in its total advances to ₹2.54 lakh crore for the July-September quarter of the current financial year.

According to the bank’s regulatory filing, total deposits increased by 12.1% to ₹3.09 lakh crore as of September 30, 2025, compared with ₹2.76 lakh crore a year earlier.

The lender’s overall business expanded by 14.2% to ₹5.64 lakh crore, against ₹4.94 lakh crore in the corresponding period last year.

The share of Current Account and Savings Account (CASA) deposits rose to 50.35% of total deposits, slightly higher than 49.29% in the same quarter last year.

Retail advances increased sharply by 37.39% to ₹78,195 crore, while corporate advances grew 16.57% to ₹96,022 crore.

The credit-deposit ratio improved to 82.05% at the end of September 2025, compared to 78.7% in the previous year, the bank said.

Bank of Maharashtra share price

The stock was trading 1.10% higher at ₹57.11 apiece on the National Stock Exchange (NSE) at 12:47 PM.

Over the last five trading sessions, Bank of Maharashtra shares gained 5.32%. Similarly, the stock advanced 7.82% in the last month. Further, the scrip zoomed 31.18% over the past six months. The stock also rose 8.80% on a year-to-date basis.

The stock touched its 52-week high of ₹59.85 on December 5, 2024 and its 52-week low of ₹42 on April 7, 2025. The company’s market capitalisation stands at ₹44,049.54 crore as recorded on October 6.

Bank of Maharashtra Q1 results

Bank of Maharashtra recorded a 23.14% surge in its consolidated profit after tax (PAT) to ₹1,593.09 crore in the first quarter of the financial year 2025-26. Its profit after tax stood at ₹1,293.69 crore in the year-ago period. Its net interest income (NII) advanced 17.57% to ₹3,292 crore in the latest-April-June quarter as against ₹2,800 crore in the corresponding period of the previous fiscal year.

The bank's total income increased 16.4% to ₹7,879.18 crore in the quarter under review compared to ₹6,768.76 crore in the June quarter of FY25. Fee-based income rose by 8.49 % on a year-on-year (YoY) basis to ₹399 crore for Q1 FY26, while the cost-to-income ratio improved to 37.57 % for the latest quarter as against 37.87% for Q1 FY25.

Gross advances soared by 15.34% on a YoY basis to ₹2,41,097 crore in the quarter ended June 2025 as against ₹2,09,031 crore in Q1 FY25.