Bank Of Maharashtra

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Bank of Maharashtra reports 47% rise in Q1 consolidated net profit

Date: 15-07-2024

Bank of Maharashtra has reported results for first quarter ended June 30, 2024 (Q1FY25). 

The bank has reported 46.69% rise in its net profit at Rs 1,293.49 crore for the quarter ended June 30, 2024 as compared to Rs 882.08 crore for the same quarter in the previous year. Total income of the bank increased by 24.94 % at Rs 6,768.57 crore for Q1FY25 as compared to Rs 5,417.45 crore for the corresponding quarter previous year.

On consolidated basis, the bank has reported 46.59% rise in net profit at Rs 1,293.68 crore for Q1FY25 as compared to Rs 882.49 crore for the same quarter in the previous year. Total income of the bank increased by 24.93% at Rs 6,768.76 crore for Q1FY25 as compared to Rs 5,417.87 crore for the corresponding quarter previous year.