Bank of Maharashtra net rises to Rs 140.46 cr in Q1

Bank of Maharashtra (BoM) on Saturday said it has posted a 15 per cent rise in net profit at Rs 140.46 cr for the first quarter ended June 30, 2012 as against Rs 122.04 cr over the same period in the previous fiscal.

BoM’s total income increased by 22 per cent at Rs 2,217.30 crore as compared to Rs 1,817.6 crore in the year—ago period.

The total interest income of the bank rose to Rs 2,038.50 crore as against Rs 1,644.1 crore in the same quarter previous fiscal.