Bank of Maharashtra Q1 Net profit jumps 27% YoY

On Friday, July 10, Bank of Maharashtra announced a 27% year-over-year increase in net profit to ₹2,020 crore for the quarter ended June 2026 (Q1 FY27), which was fueled by a robust increase in interest revenue and an improvement in asset quality.

In the same quarter of the prior fiscal year, the state-owned banking reported a net profit of ₹1,593 crore.

A regulatory filing states that overall income increased from ₹7,879 crore a year earlier to ₹9,063 crore during the quarter. Additionally, interest income rose to ₹8,037 crore from ₹7,054 crore during the same time last year.

According to the bank's exchange filing, Net Interest Income (NII) rose 14.53% year-on-year to ₹3,770 crore in Q1 FY27, compared with ₹3,292 crore in the corresponding quarter last year. On a sequential basis, NII increased 1.82%.

The bank's cost-to-income ratio improved to 35.04% from 37.57% a year ago and 36.51% in the March 2026 quarter.

Return on Assets (RoA) also strengthened to 1.90%, up from 1.80% in Q1 FY26, while net advances registered a robust 27.22% year-on-year growth to ₹3,01,934 crore.

The bank's asset quality strengthened further, with the gross non-performing asset (GNPA) ratio improving to 1.45% of gross advances as of June-end, down from 1.74% a year ago. The net NPA (NNPA) ratio also declined to 0.13%, compared with 0.18% in the corresponding period last year.

Meanwhile, the bank's capital adequacy ratio (CAR) stood at 18.64% at the end of the June quarter, compared with 20.06% in the year-ago period.

Read More

Indian Bank Q1 Standalone net profit rises 10% YoY

For the April–June quarter of FY27, Indian Bank declared a standalone net profit of Rs 3,273 crore on Friday. This represents a more than 10% year-over-year (YoY) increase from Rs 2,973 crore recorded in the same quarter of the previous fiscal year.

The PSU lender’s net interest income (NII), meanwhile, rose nearly 17% to around Rs 7,435 crore in Q1 FY27 from Rs 6,359 crore in Q1 FY26. The company’s shares surged around 10% following the release of the results.

Indian Bank’s rise in net profit and NII was accompanied by a sharp improvement in asset quality. Gross non-performing assets (GNPA) fell nearly 30% YoY to Rs 12,710 crore, while the gross NPA ratio declined to 1.86% from 3.01% in Q1 FY26. Net NPA, meanwhile, fell over 4% YoY to Rs 990 crore, with the net NPA ratio improving to 0.15% from 0.23% a year earlier.

The PSU bank’s net worth rose nearly 14% YoY to Rs 68,793 crore in the first quarter of FY27, from Rs 60,383 crore in the same period of FY26. Its operating profit margin rose to 26.82% from 25.48% a year earlier, while net profit margin edged down to 15.79% from 15.88% in Q1 FY26.

Indian Bank’s return on assets rose to 1.34%, while earnings per share (EPS) increased to Rs 24.92. Its capital adequacy ratio stood at 17.80%, while total advances grew around 14% to Rs 6.84 lakh crore.

The bank said its slippage ratio declined to 0.77% in June 2026 from 0.94% in June 2025. Yield on investments (YoI), meanwhile, stood at 6.96%, while domestic net interest margin (NIM) improved to 3.41% from 3.35% a year earlier.

Read More

Bank of India (BOI) Global Business Crosses ₹17.55 Lakh Crore in Q1FY27

For the quarter that concluded on June 30, 2026, the public sector lender Bank of India (BoI) announced robust business growth. The bank's global operations grew by 16.58% year over year (YoY) to ₹17.56 lakh crore, according to a regulatory filing made to the stock exchanges. The bank also experienced good growth in worldwide deposits, advances, and domestic business throughout the quarter.

Particulars	June 30, 2025 (₹ Crore)	March 31, 2026 (₹ Crore)	June 30, 2026 (₹ Crore)	YoY Growth
Global Business	15,06,142	16,98,662	17,55,915	16.58%
Global Deposits	8,33,698	9,27,271	9,58,117	14.92%
Global Gross Advances	6,72,444	7,71,391	7,97,798	18.64%
Domestic Deposits	7,10,277	8,00,443	8,25,157	16.17%
Domestic Gross Advances	5,65,297	6,54,292	6,73,386	19.12%
Domestic RAM Gross Advances	3,28,048	3,84,327	3,92,647	19.69%

Bank of India’s global business, which comprises global deposits and total advances, amounted at ₹17,55,915 crore as on June 30, 2026. Compared to ₹15,06,142 crore on June 30, 2025, this is a 16.58% growth. As of March 31, 2026, the bank's worldwide operations were ₹16,98,662 crore.

As of June 30, 2026, the bank's worldwide deposits had increased to ₹9,58,117 crore from ₹8,33,698 crore in the same quarter last year. This is an increase of 14.92% from the previous year. The bank had ₹9,27,271 crore in global deposits as of March 31, 2026.

Bank of India’s global gross advances increased by 18.64% year-on-year to ₹7,97,798 crore, compared to ₹6,72,444 crore a year earlier. At the end of March 2026, the bank’s global gross advances were ₹7,71,391 crore.

The bank’s domestic deposits grew by 16.17% to ₹8,25,157 crore from ₹7,10,277 crore in the same quarter last year. Meanwhile, domestic gross advances increased by 19.12% year-on-year to ₹6,73,386 crore, compared to ₹5,65,297 crore as on June 30, 2025.

Bank of India’s Domestic RAM (Retail, Agriculture and MSME) Gross Advances also registered strong growth during the quarter. The RAM loan portfolio increased by 19.69% year-on-year to ₹3,92,647 crore, up from ₹3,28,048 crore a year earlier. At the end of March 2026, RAM advances stood at ₹3,84,327 crore.

Read More

Financial Results of PSU and Private Banks for Q1FY26

The public sector and private sector banks have released the financial results for Q1FY26. 

Public Sector Bank

Bank	Results
Bank of India(BoI)	Click Here
Punjab & Sind Bank	Click Here
Central Bank of India	Click Here
Union Bank of India	Click Here
Indian Overseas Bank	Click Here
Bank of Maharashtra	Click Here
State Bank of India(SBI)	Click Here
Punjab National Bank(PNB)	Click Here
Bank of Baroda(BoB)	Click Here
Canara Bank	Click Here
Indian Bank	Click Here
UCO Bank	Click Here

Private Banks

Bank	Results
IDBI Bank	Click Here
Kotak Mahindra Bank	Click Here
IDFC Bank	Click Here
HDFC Bank	Click Here
ICICI Bank	Click Here
Indusind Bank	Click Here
YES Bank	Click Here
Bandhan Bank	Click Here
Axis Bank	Click Here

Read More

State Bank of India (SBI) Q1 net profit rises 12.48%

The country’s largest lender State Bank of India (SBI) for the first quarter ended June 30, 2025 reported 12.48% Year on Year (YoY) growth at Rs.19,160 crore due to operational efficiency and treasure gains.

The bank’s Net Interest Income (NII) for the quarter at Rs.41,072 crore decreased by 0.13% YoY. The domestic Net Interest Margin (NIM) for the quarter fell 33 bps and stood at 3.02% as compared with 3.35%. During the quarter the bank’s loan loss provisions increased 9.21% to Rs.4,934 crore.

“The results for Q1 FY206 highlight robustness, continued excellence and significant long term strength,” said C.S. Setty, Chairman, SBI.

“The bank remains well capitalized and our capital adequacy ratio has improved and based on the current profitability and growth trajectory of the bank, we believe we have sufficient headroom to take care requirement of business growth.

“The bank has raised equity capital of Rs.25,000 core during the current quarter, which will support additional loan growth of approximately Rs.2.5 trillion,” he added.

The bank’s advances at Rs.42.5 lakh crore grew 11.61% Y-o-Y with domestic advances growing by 11.06% YoY. While SME advances grew by 19.10% Y-o-Y, Agri advances grew by 12.67% Y-o-Y and Retail personal advances and Corporate advances registered Y-o-Y growth of 12.56% and 5.70% respectively. The bank’s deposits grew by 11.66% Y-o-Y. 

The GNPA reduced 7.34% Y-o-Y to Rs.78,040 crore. NNPA also reduced 7.64% to Rs.19,908 crore.Gross NPA ratio at 1.83% improved by 38 bps Y-o-Y and Net NPA ratio at 0.47% improved by 10 bps Y-o-Y.Provision Coverage Ratio (PCR) stood at 74.49% Slippage Ratio for the quarter improved by 9 bps YoY and stood at 0.75%.Credit Cost for the quarter stood at 0.47%. The Capital Adequacy Ratio (CAR) as at the end of the quarter stood at 14.63%.

Read More

Punjab National Bank(PNB) Q1 PAT falls 48% YoY

State-owned Punjab National Bank on Wednesday reported a standalone net profit of Rs 1,675 crore for the quarter ended June 2025, marking a 48% year-on-year (YoY) decline from Rs 3,251.5 crore in the first quarter of FY25.

Total income for the June quarter rose 15.7% YoY to Rs 37,232 crore, up from Rs 32,166 crore a year earlier.

Net interest income (NII), however, remained largely flat, increasing by just 1% year-on-year to Rs 10,578 crore from Rs 10,476 crore in the year-ago period.

The sharp fall in profit was driven by a one-time tax expense of Rs 5,083.3 crore, compared with Rs 2,017 crore in the corresponding quarter of the previous year.

On a consolidated basis, the lender posted a net profit of Rs 1,832 crore for the first quarter, down 52% from Rs 3,716 crore a year earlier.

Asset quality improved modestly on a sequential basis. Gross non-performing assets stood at 3.78% at the end of June, down from 3.95% in March. Net NPAs eased to 0.38% from 0.4%.

The bank reported sequential and annual improvements in asset quality. Gross non-performing assets (GNPA) fell to Rs 42,673 crore as of June 2025, a decline of Rs 8,590 crore from Rs 51,263 crore a year earlier.

The gross NPA ratio improved to 3.78%, down from 3.95% in March and 5.73% in June 2024. Net non-performing assets (NNPA) also declined to Rs 4,132 crore from Rs 5,930 crore in the year-ago quarter, with the NNPA ratio improving to 0.38% from 0.60%.

Total CASA (current and savings account) deposits stood at Rs 5,68,638 crore, reflecting a year-on-year increase of 3.6%. The CASA ratio stood at 36.99% at the end of the June quarter.

On the advances front, retail credit rose 11.8% year-on-year to Rs 2,62,219 crore. The bank's core retail lending segment posted stronger growth, rising 17.7% from the year-ago period. Agriculture loans grew by 6.2% to Rs 1,78,885 crore, while MSME advances surged 18.6% year-on-year to Rs 1,69,426 crore.

Read More

Bank of India(BOI) Q1 result: Net profit soars 32.2% YoY

 

The public sector lender Bank of India (BOI) reported a 32.3 per cent year-on-year rise in net profit to ₹2,252 crore for the April–June quarter (Q1FY26), aided by a surge in treasury income.

Its Net Interest Income (NII) shrank by 3.3 per cent to ₹6,068 crore in Q1FY26, compared to ₹6,275 crore in the same quarter a year ago (Q1FY25). Net interest margin (NIM) declined by 52 basis points YoY to 2.55 per cent in Q1FY26 from 3.07 per cent in Q1FY25.

R. Karnatak, Managing Director and Chief Executive Officer, BOI, said there will be some additional pressure on margins in the second quarter. The repricing of deposits, which began in October 2024, will be completed by October, providing a benefit for margins. He stated that margins have bottomed out but did not give estimates for NIM.

 

The bank’s non-interest income, comprising treasury, fees, commissions, etc., grew by 66.4 per cent YoY to ₹2,166 crore in Q1FY26. Profit from treasury activities, including the sale and revaluation of investments, grew almost four times to ₹820 crore in Q1FY26 from ₹166 crore a year ago.

Provisions for non-performing assets (NPAs) declined to ₹1,104 crore in Q1FY26, down from ₹1,216 crore in Q1FY25.

 

Advances grew 12.02 per cent YoY to ₹6.72 trillion in Q1FY26. Retail, agriculture, and MSME advances grew by 16.27 per cent YoY to ₹3.28 trillion in the June quarter of FY26.

Total deposits increased 9.07 per cent YoY to ₹8.33 trillion. The share of low-cost deposits—current accounts and savings accounts (CASA)—declined to 39.88 per cent at the end of June 2025, down from 42.68 per cent a year ago. The bank has guided for 10-11 per cent growth in deposits in FY26.

 

The bank’s asset quality improved, with gross NPAs declining to 2.92 per cent in June 2025 from 4.62 per cent in June 2024. Net NPAs also declined from 0.99 per cent in June 2024 to 0.75 per cent in June 2025. The provision coverage ratio (PCR), including written-off accounts, improved to 92.94 per cent in June 2025 from 92.11 per cent in June 2024.

Read More

IndusInd Bank Q1 profit drops 72%

Private sector lender Indusind Bank on Monday reported a 72 per cent drop in its consolidated net profit for the June quarter at Rs 604 crore.

Indusind Bank, which is reeling under a slew of issues stemming from alleged irregularities of the management in recognising bad loans and trading reverses, had reported a net profit of Rs 2,171 crore in the year-ago period.

It had reported a loss of Rs 2,329 crore in the preceding March quarter.

Total income dropped to Rs 14,420.80 crore in the April-June quarter of FY26 compared to Rs 14,988.38 crore in the year-ago period.

The lender's core net interest income also declined to Rs 4,640 crore during the reporting quarter against Rs 5,408 crore.

Decline in fee and other income was relatively limited, with the overall number dropping to Rs 2,157 crore from Rs 2,442 crore in the year-ago period.

The gross non-performing assets ratio for the lender increased to 3.64 per cent in June against 3.13 per cent in March, but the provisions declined on-quarter to Rs 1,760 crore from Rs 2,522 crore.

The overall capital adequacy of the lender stood at 16.63 per cent as of June 30, and included a core buffer of 15.48 per cent.

Read More