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Bank of Maharashtra Q1FY24; 95% rise in Profits.

Company Description:

Bank of Maharashtra is engaged in providing banking services. The Bank’s segments include Treasury, Corporate/Wholesale Banking, Retail Banking and Other banking operations.

Financial Results:

Bank of Maharashtra reported Revenues for Q1FY24 of ₹4,789.00 Crores up from ₹3,457.00 Crore year on year, a rise of 38.53%.

Total Expenses for Q1FY24 of ₹4,331.00 Crores up from ₹3,121.00 Crores year on year, a rise of 38.77%.

Consolidated Net Profit of ₹884.00 Crores up 95.14% from ₹453.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.31, up 95.52% from ₹0.67 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Categories: Earnings
Tags: Banking
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