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Bank of Maharashtra reports 14% rise in Q3 consolidated net profit

19 Jan 2021 Evaluate

Bank of Maharashtra has reported results for third quarter ended December 31, 2020.

The bank has reported 13.91% rise in its net profit of Rs 154.07 crore for the quarter under review as against Rs 135.26 crore for the same quarter in the previous year. Total income of the bank marginally increased 3.42% at Rs 3577.00 crore for Q3FY21 as compared Rs 3458.59 crore for the corresponding quarter previous year.

On the consolidated basis, the bank has reported 14.26% rise in its net profit at Rs 154.48 crore for the quarter under review as against net profit of Rs 135.20 crore for the same quarter in the previous year. Total income of the bank marginally increased by 3.44% at Rs 3577.36 crore for Q3FY21 as compared Rs 3458.55 crore for the corresponding quarter previous year.

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