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Bank of Maharashtra reports over 2- fold jump in Q2 consolidated net profit

21 Oct 2021 Evaluate

Bank of Maharashtra has reported results for second quarter ended September 30, 2021.

The bank has reported over 2- fold jump in its net profit at Rs 263.67 crore for the quarter under review as compared to net profit of Rs 130.07 crore for the same quarter in the previous year. Total income of the bank increased by 13.16% at Rs 3700.09 crore for Q2FY22 as compared Rs 3269.74 crore for the corresponding quarter previous year.

On the consolidated basis, the bank has reported over 2- fold jump in its net profit of Rs 263.97 crore for the quarter under review as against net profit of Rs 130.44 crore for the same quarter in the previous year. Total income of the bank increased by 13.16% at Rs 3700.44 crore for Q2FY22 as compared Rs 3270.07 crore for the corresponding quarter previous year.

Peers
Company Name CMP
State Bank Of India 948.55
PNB 113.30
Bank Of Baroda 233.75
Canara Bank 118.50
Union Bank Of India 172.10
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