Bank of Maharashtra Q2 profit rises 41% to ₹2,310 crore
In short
Bank of Maharashtra reported a 41% rise in Q2FY27 net profit to ₹2,310 crore, compared with ₹1,633 crore in the same quarter last year.
The bank also said advances grew strongly and asset quality improved. The report does not say how much advances grew or give the exact asset-quality numbers.
What the reporting says
Bank of Maharashtra reported a 41% jump in Q2FY27 net profit to ₹2,310 crore, up from ₹1,633 crore a year earlier. BusinessLine said the Pune-headquartered public sector bank also logged robust growth in advances and an improvement in asset quality. The report does not give the exact advance growth rate or the asset-quality metrics.
Why it matters
Bank of Maharashtra posted Q2FY27 net profit of ₹2,310 crore, a 41% increase from ₹1,633 crore in the year-ago quarter. The publisher summary says the Pune-based public sector lender also saw strong growth in advances and better asset quality. Those supporting figures were not disclosed in the available reporting, so the scale of the improvement is unknown.