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Bank of Maharashtra reports Profit after tax of Rs 1300.70 Mln, in the September 2020 quarter

19 Oct 2020 Evaluate
A slight decline in the revenue of Rs. 28678.30 millions was seen for the September 2020 quarter as against Rs. 29002.40 millions during year-ago period.The Company has registered profit of Rs. 1300.70  millions for the quarter ended September 2020, a growth of 13.44%  over Rs. 1146.60 millions millions achieved in the corresponding quarter of last year.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202009 201909 % Var 202009 201909 % Var 202003 201903 % Var
Interest Earned 28678.30 29002.40 -1.12 57640.70 56728.80 1.61 114954.40 108496.00 5.95
Other Income 4511.80 3956.70 14.03 8197.50 8149.10 0.59 16492.30 15474.60 6.58
Interest Expended 17474.10 18268.60 -4.35 35557.30 36026.70 -1.30 72166.50 71161.20 1.41
Operating Expenses 7658.70 7658.70 6.78 15122.90 14748.80 2.54 30809.60 30833.30 -0.08
Operating Profit 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Prov.& Contigencies 4209.20 3592.30 17.17 10298.60 12799.50 -19.54 31074.80 73269.30 -57.59
Tax 2547.40 2778.90 -8.33 2548.50 -654.70 -489.26 -6490.00 -3454.40 87.88
PAT 1300.70 1146.60 13.44 2310.90 1957.50 18.05 3885.80 -47838.80 -108.12
Equity 65601.60 58241.10 12.64 65601.60 58241.10 12.64 58241.10 27531.70 111.54
OPM 74.35 76.53 -2.84 26.30 24.86 5.79 60.51 18.31 230.45
Peers
Company Name CMP
State Bank Of India 952.50
PNB 114.50
Bank Of Baroda 234.90
Canara Bank 118.95
Union Bank Of India 173.10
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