Bank of Maharashtra zooms on reporting 2-fold jump in Q3 consolidated net profit
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Bank Of Maharashtra is currently trading at Rs. 33.30, up by 1.60 points or 5.05% from its previous closing of Rs. 31.70 on the BSE.
The scrip opened at Rs. 32.00 and has touched a high and low of Rs. 34.40 and Rs. 31.90 respectively. So far 7874662 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 36.25 on 15-Dec-2022 and a 52 week low of Rs. 15.00 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 34.40 and Rs. 29.05 respectively. The current market cap of the company is Rs. 22850.04 crore.
The promoters holding in the company stood at 90.97%, while Institutions and Non-Institutions held 3.54% and 5.49% respectively.
Bank of Maharashtra has reported results for third quarter ended December 31, 2022 (Q3FY23)
The bank has reported 2- fold jump in its net profit at Rs 775.03 crore for Q3FY23 as compared to Rs 324.63 crore for the corresponding quarter previous year. Total income of the bank increased by 22.51% to Rs 4769.78 crore for the quarter under review as compared to Rs 3893.23 crore for the same quarter in the previous year.
On the consolidated basis, the bank has reported 2- fold jump in its net profit at Rs 775.25 crore for the quarter under review as compared to Rs 324.85 crore for the same quarter in the previous year. Total income of the bank increased by 22.51% to Rs 4770.11 crore for the quarter under review as compared to Rs 3893.52 crore for the same quarter in the previous year.
