State Bank of India today announced a 13.45 percent increase in percent of consolidated net profit of R 3806.49 crore for the third quarter ended Dec. 31 in the same period a year ago.
The bank had a profit net Rs 3354.94 crore in the period last year, the SBI said in a statement to the Bombay Stock Exchange.
The bank had a profit net Rs 3354.94 crore in the period last year, the SBI said in a statement to the Bombay Stock Exchange.
SBI revenues increased by 14.7 per cent of R 36,966.87 crore in the quarter from October to December of 2010 to Rs 32,231.45 crore same quarter last fiscal.
The bank recorded a net profit of Rs 3710.48 crore in the quarter compared to Rs 3304.59 crore in the same quarter a year ago.On a standalone basis, net income rose 14 per cent of SBI at Rs 2,828.06 crore in third quarter against Rs 2,479.05 crore in the year-ago period.
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