Mumbai, October 15 (Read): Shares of Bank of Maharashtra surged over 4% after the state-run lender reported a strong 23.09% rise in consolidated net profit for the second quarter ended September 30, 2025 (Q2FY26). The stock was trading at Rs. 57.66up by 2.48 points or 4.49% from its previous close of Rs. 55.18 on the BSE.

The scrip opened at Rs. 55.90 and recorded a high of Rs. 57.99 and a low of Rs. 55.38 during the session. Around 14,37,293 shares were traded on the counter. The BSE Group ‘A’ stock, with a face value of Rs. 10, has touched a 52-week high of Rs. 59.85 (05-Dec-2024) and a 52-week low of Rs. 38.11 (07-Apr-2025).

During the past week, the stock traded between Rs. 58.12 and Rs. 54.70. The bank’s current market capitalisation stands at Rs. 44,318.74 crore. Promoters hold 79.60%while institutional and non-institutional investors hold 12.39% and 8.00%respectively.

For the quarter ended September 30, 2025, Bank of Maharashtra reported a net profit of Rs. 1,633.14 croreup 23.09% from Rs. 1,326.77 crore in the same period last year. The bank’s total income rose 17.10% to Rs. 7,973.61 crorecompared to Rs. 6,809.18 crore in the corresponding quarter of the previous year.

On a consolidated basisthe bank’s net profit increased by 23.09% to Rs. 1,633.50 crorewhile total income grew to Rs. 7,973.86 crore from Rs. 6,809.43 crore in Q2FY25.

The strong quarterly performance reflects robust growth in core banking operations, improved interest income, and steady asset quality, reinforcing the bank’s position among India’s leading mid-sized public sector lenders.

Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Readhis insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.