Public sector lender Bank of Maharashtra (BoM) today posted 39.6 per cent decline in net profit at Rs 52.3 crore.
It had a net profit of Rs 86.68 crore in the same quarter of the last fiscal, BoM said in a filing to the Bombay Stock Exchange (BSE).
However, the bank reported a 9.4 per cent rise in total income for the quarter at Rs 1,425.6 crore, against Rs 1,302.6 crore in the year-ago period.
Further, the bank earned an interest of Rs 1,307.9 crore during the quarter, compared to Rs 1,153.2 crore during the same period last fiscal.
During the first half of the current fiscal ended September 30, the net profit of the bank declined to Rs 170.7 crore against Rs 188.4 crore in the same period a year ago.
Shares of BoM closed at Rs 82.95, up 0.73 per cent on the BSE.