Millennium Post

BoM quarter net up 66% at Rs 166 cr

Bank of Maharashtra (BoM) on Tuesday reported 66 per cent rise in net profit at Rs 166.01 crore for the second quarter ended September.

The bank had a net profit of Rs 100.42 crore during the same quarter of the previous fiscal.

Total income of the state-owned bank grew to Rs 2,434.09 crore in the July-September quarter from Rs 1,945.01 crore in the same period last fiscal, BoM said in a BSE filing.

During the first half of 2012-13, the bank clocked 37.8 per cent rise in net profit to Rs 306.47 crore compared to Rs 222.46 crore in the same period a year ago.

It reported an income of Rs 4,651.39 crore in the first six months, compared to Rs 3,762.64 crore in the previous financial year.
PTI

PTI

Our contributor helps bringing the latest updates to you


Share it
Top