Bank of Maharashtra reports 13% rise in Q2 consolidated net profit
20th Oct 2020

Bank of Maharashtra has reported results for second quarter ended September 30, 2020.

The bank has reported 13.45% rise in its net profit of Rs 130.07 crore for the quarter under review as against Rs 114.66 crore for the same quarter in the previous year. Total income of the bank marginally increased 0.70% at Rs 3,319.01 crore for Q2FY21 as compared Rs 3,295.91 crore for the corresponding quarter previous year.

On the consolidated basis, the bank has reported 13.38% rise in its net profit at Rs 130.44 crore for the quarter under review as against net profit of Rs 115.05 crore for the same quarter in the previous year. Total income of the bank marginally increased by 0.70% at Rs 3,319.34 crore for Q2FY21 as compared Rs 3,296.28 crore for the corresponding quarter previous year.