Bigul

How Bank of Maharashtra charted its comeback

The bank is now close to the goal of recording 500 crore operating profit per quarter for every 1 lakh crore of business
28-01-2024
Bigul

BANK OF MAHARASHTRA - 532525 - Reconciliation Of Share Capital Audit Report For The Quarter Ended 31.12.2023

Reconciliation of Share Capital Audit Report for the quarter ended 31.12.2023
24-01-2024
Bigul

BANK OF MAHARASHTRA - 532525 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

Transcript of Earnings Call for the quarter and nine months ended 31.12.2023
23-01-2024
Bigul

BANK OF MAHARASHTRA - 532525 - Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication on the Standalone and Consolidated Financial Results for the Quarter/ Nine Months ended 31.12.2023
18-01-2024
Bigul

BANK OF MAHARASHTRA - 532525 - Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper publication of the financial results of the Bank for the Quarter/Nine Months ended 31.12.2023
17-01-2024

Bank Of Maharashtra Q3 Profit Jumps 34% To Rs 1,036 Crore

Bank of Maharashtra's Q3 profit soared by 34% to reach Rs 1,036 crore, with total income rising to Rs 5,851 crore.
16-01-2024

Bank of Maharashtra Results Earnings Call for Q3FY24

Conference Call with Bank of Maharashtra Management and Analysts on Q3FY24 Performance and Outlook. Listen to the full earnings transcript.
16-01-2024
Bigul

Q3FY24 Quarterly & 9MFY24 Result Announced for Bank of Maharashtra

Bank of Maharashtra announced Q3FY24 & 9MFY24 results: Financial Performance Summary (For Quarter Ended 31st December 2023) Net Profit: Rs 1,036 crore, a significant increase of 33.61% over the same quarter last year. Operating Profit: Grew by 27.32% to Rs 2,012 crore. Net Interest Income (NII): Increased by 24.56% to Rs 2,466 crore. Net Revenues: Improved by 20.05% to Rs 3,146 crore. Cost to Income Ratio: Improved to 36.04%. Return on Assets (ROA): Stood at 1.55%. Return on Equity (ROE): Improved to 24.51%. Capital Adequacy Ratio (CRAR): Reported at 16.85%, with Tier I at 12.92%. Nine-Month Performance Highlights (Ending 31st December 2023) Net Profit: Rs 2,837 crore, marking an increase of 61.03% over the previous year. Operating Profit: Rose by 36.57% to Rs 5,796 crore. Net Interest Income (NII): Grew by 30.31% to Rs 7,237 crore. Fee-Based Income: Increased by 13.06% to Rs 1,048 crore. Cost to Income Ratio: Improved to 37.10%. Return on Assets (ROA): Increased to 1.42%. Return on Equity (ROE): Improved to 22.70%. Business and Asset Quality Metrics Total Business: Showed an 18.89% growth reaching Rs 4,34,404 crore. Total Deposits: Increased by 17.89% to Rs 2,45,734 crore. Gross Advances: Grew by 20.20% to Rs 1,88,670 crore. Net Advances: Increased by 21.01% to Rs 1,85,217 crore. Gross NPA: Declined to 2.04%. Net NPA: Reduced to 0.22%. Provision Coverage Ratio: Improved to 98.40%. Capital Infusions Equity Capital: Raised Rs 1,000 crore. Tier II Capital: Raised Rs 774 crore. Result PDF
16-01-2024
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