Bank of Maharashtra has reported results for fourth quarter and year ended March 31, 2022.
The bank has reported over 2-fold jump in its net profit at Rs 355.23 crore for the quarter under review as compared to Rs 165.08 crore for the same quarter in the previous year. However, total income of the bank decreased by 8.91% at Rs 3948.55 crore for Q4FY22 as compared to Rs 4334.62 crore for the corresponding quarter previous year.
On the consolidated basis, the bank has reported over 2-fold jump in its net profit at Rs 354.92 crore for the quarter under review as compared to Rs 165.23 crore for the same quarter in the previous year. However, total income of the bank decreased by 8.92% at Rs 3948.48 crore for Q4FY22 as compared to Rs 4334.98 crore for the corresponding quarter previous year.
For the year ended March 31, 2022, the bank has reported over 2-fold jump in its net profit at Rs 1,151.54 crore as compared to Rs 550.25 crore for the previous year. Total income of the bank increased by 8.11% at Rs 15671.70 crore for year under review as compared to Rs 14496.21 crore for year ended March 31, 2021.
For the year ended March 31, 2022, on the consolidated basis, the bank has reported over 2-fold jump in its net profit at Rs 1,151.64 crore as compared to Rs 551.41 crore for the previous year. Total income of the bank increased by 8.10% at Rs 15672.17 crore for year under review as compared to Rs 14497.56 crore for year ended March 31, 2021.
