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

17 Oct 2022 Evaluate

Bank of Maharashtra has reported results for second quarter ended September 30, 2022.

The bank has reported over two-fold jump in its net profit at Rs 535.06 crore for Q2FY23 as compared to Rs 263.67 crore for the corresponding quarter previous year. Total income of the bank increased by 6.89% to Rs 4317.36 crore for the quarter under review as compared to Rs 4039.2 crore for the same quarter in the previous year. 

On the consolidated basis, the bank has reported over two-fold jump in its net profit at Rs 535.42 crore for the quarter under review as compared to Rs 263.96 crore for the same quarter in the previous year. Total income of the bank increased by 6.89% to Rs 4,317.71 crore for the quarter under review as compared to Rs 4,039.56 crore for the same quarter in the previous year.

Peers
Company Name CMP
State Bank Of India 957.25
PNB 112.00
Bank Of Baroda 232.80
Canara Bank 117.65
Union Bank Of India 168.40
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