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 business28-01-2024
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 businessBANK 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 31.12.2023BANK OF MAHARASHTRA - 532525 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Transcript of Earnings Call for the quarter and nine months ended 31.12.2023BANK 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 31.12.2023BANK OF MAHARASHTRA - 532525 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Loss of Share CertificateBANK 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 31.12.2023Bank 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.BANK OF MAHARASHTRA - 532525 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Outcome of Analyst MeetBank 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.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