Bank of Maharashtra has reported result for the fourth quarter and year ended March 31, 2015.
The bank has posted around two fold jump in its net profit at Rs 112.72 crore for the quarter ended March 31, 2015 as compared to Rs 56.95 crore for the same quarter in the previous year. Total income of the bank has increased by 6.71% at Rs 3598.89 crore for quarter under review as compared to Rs 3372.48 crore for the quarter ended March 31, 2014.
For the year ended March 31, 2015, the bank has posted a rise of 16.77% in its net profit at Rs 450.69 crore as compared to Rs 385.97 crore for the same period in the previous year. Total income of the bank has increased by 6.39% at Rs 13671.42 crore for year under review as compared to Rs 12850.85 crore for the period ended March 31, 2014.
