BoM Q3 net profit at Rs 74.32 cr

By Staff
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Google Oneindia News

Pune, Jan 25 (UNI) Bank of Maharashtra has posted a 178 per cent rise in net profit in Q3 at Rs 74.32 crore as against Rs 26.75 crore for the corresponding period of the previous year.

Operating profit increased to Rs 171.34 crore for the third quarter as against Rs 115.54 crore for the corresponding period of the previous year, registering a growth of 48.29 per cent.

The non-interest income during the quarter rose to Rs 114.79 crore, registering a growth of 49.72 per cent. The total income during the quarter increased to Rs 765.30 crore showing growth of 15.65 per cent over the corresponding quarter of the previous year.

The total business of the Bank achieved a level of Rs 51,914 crore, registering a rise of 23 per cent on an Y-o-Y basis. Total deposits of the Bank stood at Rs 30,766 crore, an increase of 15.85 per cent, a Bank press release here stated.

UNI

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