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Bank of Maharashtra reports 2- fold jump in Q3 consolidated net profit

16 Jan 2023 Evaluate

Bank of Maharashtra has reported results for third quarter ended December 31, 2022 (Q3FY23)

The bank has reported 2- fold jump in its net profit at Rs 775.03 crore for Q3FY23 as compared to Rs 324.63 crore for the corresponding quarter previous year. Total income of the bank increased by 22.51% to Rs 4769.78 crore for the quarter under review as compared to Rs 3893.23 crore for the same quarter in the previous year.

On the consolidated basis, the bank has reported 2- fold jump in its net profit at Rs 775.25 crore for the quarter under review as compared to Rs 324.85 crore for the same quarter in the previous year. Total income of the bank increased by 22.51% to Rs 4770.11 crore for the quarter under review as compared to Rs 3893.52 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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