Bank of Maharashtra has reported results for first quarter ended June 30, 2023 (Q1FY24).
The Bank has reported 95.19% rise in its net profit at Rs 882.08 crore for the quarter under review as compared to Rs 451.90 crore for the same quarter in the previous year. Total income of the bank increased by 43.53% at Rs 5417.45 crore for Q1FY24 as compared Rs 3774.32 crore for the corresponding quarter previous year.
On consolidated basis, the bank has reported 95.15% rise in its net profit at Rs 882.49 crore for the quarter ended June 30, 2023 as compared to Rs 452.20 crore for the same quarter in the previous year. Total income of the bank increased by 43.53% at Rs 5417.87 crore for Q1FY24 as compared Rs 3774.66 crore for the corresponding quarter previous year.