Bank of Maharashtra delivered strong third-quarter FY26 financial results, demonstrating robust performance in the competitive banking sector. The Pune-headquartered state-owned lender announced these results on Tuesday, January 13, showcasing significant growth in profitability.

Financial Performance Highlights

The bank's financial metrics for Q3 FY26 reflect strong operational efficiency and growth momentum:

The 27% year-on-year increase in net profit represents a substantial improvement in the bank's bottom-line performance, indicating effective management strategies and strong business fundamentals.

Quarterly Results Overview

Bank of Maharashtra's Q3 FY26 results highlight the institution's continued growth trajectory in the current financial year. The significant profit surge from ₹1,407.00 crore to ₹1,779.30 crore demonstrates the bank's ability to maintain strong operational performance while navigating the dynamic banking environment.

The state-owned lender's performance in the third quarter reflects its strategic positioning in the Indian banking sector, with the Pune-based institution continuing to build on its established market presence and customer base.

Bank of Maharashtra has announced an interim dividend for its shareholders, with the Board of Directors approving a significant payout for the current financial year. The decision was made during the Board meeting held on January 13, 2026, marking an important milestone for the bank's shareholders.

Dividend Details and Board Approval

The Board of Directors has approved an interim dividend of 10% on the bank's equity shares for the financial year 2025-26. This translates to a dividend payment of ₹1.00 per share for equity shares having a face value of ₹10.00 each.

Record Date and Eligibility

The bank has established Tuesday, January 20, 2026, as the record date for determining shareholder eligibility for the interim dividend. Shareholders who hold equity shares of Bank of Maharashtra on this specific date will be entitled to receive the dividend payment.

Regulatory Compliance and Communication

Bank of Maharashtra has fulfilled its regulatory obligations by formally communicating this dividend announcement to both major stock exchanges. The notification was sent to BSE Limited and the National Stock Exchange of India Limited, in compliance with Regulation 42 requirements. The communication was signed by Vishal Sethia, Company Secretary and Compliance Officer, ensuring proper corporate governance protocols were followed.

This interim dividend announcement demonstrates Bank of Maharashtra's commitment to returning value to its shareholders while maintaining its financial stability and growth trajectory for the ongoing financial year.