State Bank of Travancore has reported result for the fourth quarter and year ended March 31, 2015.
The bank has posted around four fold jump in its net profit at Rs 191.97 crore for the quarter ended March 31, 2015 as compared to Rs 48.58 crore for the same quarter in the previous year. However, total income of the bank has decreased by 2.53% at Rs 2703.18 crore for quarter under review as compared to Rs 2773.37 crore for the quarter ended March 31, 2014.
For the year ended March 31, 2015, the bank has posted a rise of 10.25% in its net profit at Rs 335.53 crore as compared to Rs 304.34 crore for the same period in the previous year. Total income of the bank has increased marginally by 0.24% at Rs 10583.39 crore for year under review as compared to Rs 10558.50 crore for the period ended March 31, 2014.
