State Bank of India, on the standalone basis, reported a 194 fold jump in its net profit to Rs 4050.27 crore for the fourth quarter ended March 31, 2012, against net profit of Rs 20.88 crore for the corresponding period last fiscal. Total income has increased by 27.97% at Rs 33,959.54 crore during the quarter under review from Rs 26,536.84 crore in the year-ago period.
For the full year ended March 31, 2012, the bank has reported a surge of 41.66% in its net profit to Rs 11707.29 crore for the year under review, against net profit of Rs 8264.52 crore for the corresponding period last fiscal. Total income increased by 24.33% at Rs 120872.90 crore during the year under review from Rs 97218.96 crore in the year-ago period.
On the consolidated basis, the bank has reported net profit after minority interest of Rs 15343.10 crore for the year ended March 31, 2012, against net profit of Rs 10684.95 crore for the corresponding period last fiscal. Total income increased by 19.74% at Rs 177032.82 crore during the year under review from Rs 147843.92 crore in the year-ago period.
