Bank of Maharashtra reports Profit after tax of Rs 1540.70 Mln, in the December 2020 quarter

Bank Of Maharashtra | Bank - Public | BFSI | BSE: 532525 | NSE: MAHABANK

19 Jan 2021

A slight decline in the revenue of Rs. 30068.40 millions was seen for the December 2020 quarter as against Rs. 30162.70 millions during year-ago period.Modest increase of 13.91% in the Net Profit was reported from. 1352.60 millions to Rs. 1540.70 millions.

(Rs. in Million)

	Quarter ended			Year to Date			Year ended
	202012	201912	% Var	202012	201912	% Var	202003	201903	% Var
Interest Earned	30068.40	30162.70	-0.31	87709.10	86891.50	0.94	114954.40	108496.00	5.95
Other Income	5701.60	4423.20	28.90	13899.10	12572.30	10.55	16492.30	15474.60	6.58
Interest Expended	17007.30	18301.80	-7.07	52564.60	54328.50	-3.25	72166.50	71161.20	1.41
Operating Expenses	9740.80	9740.80	23.83	24863.70	22615.30	9.94	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	4977.40	9174.20	-45.75	15276.00	21973.70	-30.48	31074.80	73269.30	-57.59
Tax	2503.80	-2109.20	-218.71	5052.30	-2763.90	-282.80	-6490.00	-3454.40	87.88
PAT	1540.70	1352.60	13.91	3851.60	3310.10	16.36	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	30.00	27.91	7.52	27.57	25.92	6.37	60.51	18.31	230.45

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Bank of Maharashtra reports Profit after tax of Rs 1540.70 Mln, in the December 2020 quarter

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