Bank of Maharashtra has fulfilled its regulatory obligations by publishing its unaudited financial results for the quarter ended December 31, 2025 (Q3FY26) in major newspapers on January 14, 2026. The publication was made in compliance with Regulation 47 & 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Compliance and Publication Details

The bank published its Q3FY26 financial results in three prominent newspapers to ensure wide dissemination of information to stakeholders. The results appeared in Economic Times (English daily), Sakal (Marathi daily), and Dainik Bhaskar (Hindi daily) on January 14, 2026. Company Secretary & Compliance Officer Vishal Sethia communicated the newspaper publication to both BSE Limited and National Stock Exchange of India Limited through an official letter dated January 14, 2026.

Key Financial Performance Metrics

The bank's financial performance for Q3FY26 demonstrates consistent operational metrics across key parameters:

Business Growth Indicators

The bank showcased strong growth momentum across various business segments during the reporting period:

Product Offerings and Interest Rates

Alongside the financial results, the bank highlighted its competitive product offerings:

• Special Term Deposit: 7.15% interest rate for a limited period of 400 days
• Home Loans: Available at 7.10% with zero processing fee
• Car Loans: Offered at 7.45% with zero processing fee

The newspaper publication ensures transparency and compliance with regulatory requirements while providing stakeholders with comprehensive information about the bank's financial performance and business growth across multiple segments for the quarter ended December 31, 2025.

Bank of Maharashtra delivered strong third-quarter results, with shares initially surging to a 17-month high before paring gains during Wednesday's trading session. The state-owned lender reported robust financial performance driven by improved asset quality and higher interest income.

Strong Financial Performance in Q3 FY26

The Pune-based bank demonstrated solid growth across key financial metrics during the quarter ended December 2025:

The bank's net profit surge of 26.50% to ₹1,779 crore reflects strong operational performance and effective cost management. Total income growth of 16.39% was primarily driven by rising interest income, which increased to ₹7,344 crore from ₹6,325 crore in the corresponding period last year.

Asset Quality Improvement

Bank of Maharashtra achieved significant improvements in asset quality metrics, demonstrating enhanced risk management:

The reduction in gross Non-Performing Assets to 1.60% from 1.80% year-on-year indicates improved loan recovery and better credit underwriting. Net NPAs declined to 0.15% from 0.20%, while provision expenses decreased to ₹728 crore from ₹841 crore, reflecting the bank's strengthened balance sheet.

Key Ratios and Dividend Declaration

The board approved a 10% interim dividend of ₹1 per share with a face value of ₹10 each for financial year 2025-26, as announced by Managing Director and CEO Nidhu Saxena. However, some key ratios showed moderation:

• Capital Adequacy Ratio: Declined to 17.06% from 18.71% in Q3 FY25
• Net Interest Margin: Decreased to 3.88% from 3.98% in December 2024

Despite these moderations, the bank maintains healthy capital buffers well above regulatory requirements.

Share Price Performance and Market Response

Bank of Maharashtra shares rose as much as 4.14% to ₹67.74 during Wednesday's session, marking the highest level since July 31, 2024. However, the stock pared gains to trade 0.61% lower at ₹64.65 as of 10:10 a.m., compared to a 0.11% decline in the NSE Nifty 50 Index.

All three analysts tracking the company maintain a 'buy' rating with an average 12-month consensus price target of ₹77.33, indicating potential upside of 19.7% from current levels.