BSEResult14h ago · 26 Oct 2026, 03:41 pm

Financial results of the Bank for the Quarter and half year ended 30.09.2026

Bank of Maharashtra · 532525

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Bank of Maharashtra has announced its unaudited financial results for the quarter and half-year ended September 30, 2026, with the Board of Directors approving the results at their meeting on October 26, 2026. The results will be available on the bank's website.

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Bank of Maharashtra - 532525 - Financial Results Of The Bank For The Quarter And Half Year Ended 30.09.2026

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, Bank of Maharashtra Investor Services Department Corporate Off ice: Montclaire, Saner- Pashan Link Road, 134/I, Pashan, Rune 411021 E-mail: investor services©bankofmaharashtrabank.in Phone no wwwbankotmaharashtrabanKin - 020-71658139 26th AXIIISDISTEXI79I2O26-27 Date: Oct., 2026 The Vice President The Vice President BSE Ltd., National Stock Exchange of India Ltd., P.J Towers, Exchange Plaza, Dalal Street, Fort, Bandra Kurla Complex, Mumbai-400 001 Bandra (East), Mumbai-400 051 BSE Scrip Code: 532525 NSE Scrip Code: MAHABANK Dear Sir! Madam, 26th Sub: Outcome of Board Meeting of the Bank held on Oct., 2026 Financial Results of the Bank for the quarter and half- year ended on 30 September, 2026 Ref: Our letter no. AX111501STEX17712026-27 dated 2Vt Oct., 2026 Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 26th 2015, we hereby inform you that Board of Directors of Bank at their meeting held on Monday, October, 2026 intera/fa considered and approved the Unaudited (Reviewed) Financial Results (Standalone and Consolidated) of the Bank for the Quarter and Half-year ended 30.09.2026. Further, pursuant to Regulation 30, 33, 52 and other applicable Regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith the following: i) A copy of Unaudited (Reviewed) Financial Results (Standalone and Consolidated) of the Bank for the quarter and half-year ended on 30th September, 2026 along with Limited Review Report of Auditors thereon and declaration of Audit Report with unmodified opinion. U) Statement of utilisafion of issue proceeds and NIL Statement of Deviation/variation in 30th utilization of issue proceeds for the quarter ended on September, 2026. 30th Ui) Security Cover Certificate as on September, 2026. The meeting of Board of Directors of Bank commenced at 01.45 PM and the said agenda(s) concluded at 03.05 PM (1ST). Thereafter, the meeting continued for other agenda items. The above information will be made available on the Bank's website: https://bankofmaharashtra.bank.in!financial-results Thanking you Yours faithfully, For Bank of Maharashtra ffCTIt f4- 7I (Vishal Sethia) - Company Secretary & Compliance Officer End : As above Restricted GD Apte & Co. Chartered Accountants, D-509, Neelkanth Business Park, Nathani Rd, Vidhya Vihar West, Mumbai - 400086. Sagar & Associates Chartered Accountants, H. No.6-3-244/S Saradadevi Street Premnagar, Hyderabad - 500004 Manubhai & Shah LLP Chartered Accountants, 4th Floor, Capital One, Opp. Ashok Vatika BRTS Stop, Ambli Bopal 'Road, Ahmedabad 380058 S. Singhal & Co. Chartered Accountants, S-4, Gordhan Enclave, 4B, Yudhister Marg, C-Scheme, Jaipur - 302005 Independent Auditors' Limited Review Report on Unaudited Standalone Financial Results of Bank of Maharashtra for the Quarter and Half year ended September 30, 2026 pursuant to the Regulation 33 & 52 Read with Regulation 63(2) of SEBI (Listing Obligations and Disclosures Requirements Regulations, 2015, as amended. The Board of Directors, Bank of Maharashtra, Pune. 1. We have reviewed the accompanying Statement of Unaudited Standalone Financial Results of Bank of Maharashtra ("the Bank") for the quarter and half year ended September 30, 2026 ('the Statement'), being prepared and submitted by the Bank pursuant to the requirements of Regulation 33 & 52 read with Regulation 63(2) of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, as amended ("the SEBI Regulations") except for the disclosures relating to "Pillar 3 disclosure as at September 30, 2026 including Leverage Ratio, Liquidity Coverage Ratio and Net Stable Funding Ratio" under Basel III Capital Regulations which have been disclosed on the Bank's website and in respect of which a link has been provided in the Statement and have not been reviewed by us. 2. This Statement, which is the responsibility of the Bank's Management and approved by the Bank's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Accounting Standard AS 25 "Interim Financial Reporting", issued by the Institute of Chartered Accountants of India (ICAI), the relevant provisions of the Banking Regulation Act, 1949, the circulars, guidelines and directions issued by the Reserve Bank of India (RBI) from time to time ("RBI Guidelines") and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entlty"ç issued by the Institute of Chartered Accountants of India (ICAl). This standard requires that we plan and perform the review to obtain moderate assurance as to whether the statement is free of material misstatement. A review of Page 1 of 3 GD Apte & Co. Manubhai & Shah LLP Chartered Accountants Chartered Accountants Sagar & Associates S. Singhal & Co. Chartered Accountants Chartered Accountants interim financial information consists of making enquiries, primarily of person responsible for financial and accounting matters and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with the standards of Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. These Unaudited Standalone Financial Results incorporate the relevant returns of 20 domestic branches and Treasury & International Banking Division reviewed by us. In the conduct of our review, we have also relied upon the review reports received from the concurrent auditors of 43 branches including 1 International Banking Unit situated in Gujarat International Finance Tec-City specifically appointed for this purpose. These review reports cover 51.79 percent of the advances portfolio of the bank. Apart from these review reports, we have also relied upon various information and returns received from the branches of the bank. 5. Based on our review conducted as above, subject to limitations as mentioned in Para 3 & 4 above, nothing has come to our attention that causes us to believe that the accompanying Statement of Unaudited Standalone Financial Results read with the notes thereon prepared in accordance with the applicable accounting standards and other recognized accounting practices and policies, has not disclosed the information required to be disclosed in terms of Regulation 33 and Regulation 52 read with Regulation 63(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended, including the manner in which it is to be disclosed, except for the disclosures relating to Pillar 3 disclosure as at September 30, 2026, or that it contains any material misstatement or that it has not been prepared in accordance with the relevant prudential norms issued by the Reserve Bank of India in respect of income recognition, asset classification, provisioning and other related matters. 6. Emphasis of Matter: We draw attention to note no. 13, which states that COVID 19 related contingency provisions amounting to Rs. 250 Crore have been reversed during the quarter ended September 30, 2026 and the bank continues to hold provisions amounting to Rs. 510 Crore as on September 30 2026. Our conclusion is not modified in respect of the above matter. Page 2 of 3 GD Apte & Co. Manubhai & Shah LISP Chartered Accountants Chartered Accountants Sagar & Associates S. Singhal & Co. Chartered Accountants Chartered Accountants 7. The Statement includes comparative figures for the quarter and half year ended September 30, 2025, which were reviewed by an earlier set of four audit firms as joint auditors, two of tho [Showing first 8,000 characters — download PDF for full document]