Bank of Maharashtra has reported results for the fourth quarter and year ended March 31, 2018.
The Bank has reported a net loss of Rs 113.51 crore for the quarter ended March 31, 2018 as compared to a net loss of Rs 455.45 crore for the same quarter in the previous year. Total income of the Bank has decreased by 7.76% at Rs 3094.46 crore for quarter under review as compared to Rs 3354.80 crore for the quarter ended March 31, 2017.
For the year ended March 31, 2018, the Bank has posted a net loss of Rs 1145.65 crore as compared to a net loss Rs 1372.51 crore for the same period in the previous year. Total income of the Bank decreased 7.13% at Rs 12,602.47 crore for year under review as compared to Rs 13,570.03 crore for the period ended March 31, 2017.