Bank of Maharashtra Declares 10% Interim Dividend; Q3 FY26 Results Approved
Bank of Maharashtra declared an interim dividend of 10% (₹1.00 per share) for FY 2025-26. The Board approved Q3 FY26 results, reporting standalone net profit after tax of ₹177,933 lakh and consolidated net profit after tax of ₹177,958 lakh. The bank also reported 285 fraud cases totaling ₹807.28 crore in 9MFY26.
The declaration of an interim dividend and the reporting of financial results are significant events for the bank. The quantum of the dividend and the financial performance will influence investor perception.
The declaration of an interim dividend and approval of financial results generally have a positive impact on investor sentiment.
The Board of Directors of Bank of Maharashtra, in their meeting held on January 13, 2026, approved the unaudited financial results for the quarter and nine months ended December 31, 2025. The bank declared an interim dividend of 10% (₹1.00 per equity share of face value ₹10 each) for the Financial Year 2025-26.
The bank also reported its unaudited standalone and consolidated financial results for the quarter ended December 31, 2025. The financial results were reviewed by the statutory central auditors, M/s. G D Apte & Co., M/s. Manubhai & Shah LLP, M/s. Sagar & Associates, and M/s. S. Singhal & Co., who provided a limited review report with an unmodified opinion. The meeting commenced at 10:45 am and concluded at 02:00 pm IST.
The unaudited standalone financial results show total income of ₹8,27,706 lakh and a net profit after tax of ₹1,77,933 lakh for the quarter ended December 31, 2025. For the nine months ended December 31, 2025, total income was ₹24,12,949 lakh and net profit after tax was ₹5,00,523 lakh.
The unaudited consolidated financial results reported a total income of ₹8,27,722 lakh and a net profit after tax of ₹1,77,958 lakh for the quarter ended December 31, 2025. For the nine months ended December 31, 2025, total income was ₹24,13,026 lakh and net profit after tax was ₹5,00,617 lakh.
The bank also disclosed that during the 9 months ended December 31, 2025, it reported 285 fraud cases involving ₹807.28 crore, with a loss of ₹725.71 crore. Of these, 57 cases amounting to ₹1.79 crore were related to digital payment fraud and were reimbursed to customers. The bank is holding 100% provisions for the remaining fraud cases.
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Bank of Maharashtra filed this with the NSE as a statutory disclosure, categorised under dividend. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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