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.
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