State Bank of India (SBI) has reported results for the fourth quarter and year ended March 31, 2020.
The Bank has reported 4 fold jump in its net profit at Rs 3580.81 crore for the quarter under review as compared to Rs 838.40 crore for the same quarter in the previous year. Total income of the bank increased by 0.47% at Rs 76027.51 crore for Q4FY20 as compared Rs 75670.50 crore for the corresponding quarter previous year.
On the consolidated basis, the bank has reported over 5 fold jump in its net profit after minority interest of Rs 6909.95 crore for the quarter under review as compared to net profit of Rs 1244.47 crore for the same quarter in the previous year. Total income of the bank increased by 2.93% at Rs 94218.82 crore for Q4FY20 as compared Rs 91534.61 crore for the corresponding quarter previous year.
For the year ended March 31, 2020, the bank has reported 16 fold jump in its net profit at Rs 14488.11 crore as compared to Rs 862.23 crore for the previous year. Total income of the bank increased by 6.56% at Rs 296329.43 crore for year under review as compared to Rs 278082.99 crore for year ended March 31, 2019.
For the year ended March 31, 2020, on the consolidated basis, the bank has reported 8 fold jump in its net profit after minority interest of Rs 19767.80 crore as compared to Rs 2299.64 crore for the previous year. Total income of the bank increased by 9.69% at Rs 362229.09 crore for year under review as compared to Rs 330220.88 crore for year ended March 31, 2019.
Company Name | CMP |
---|---|
SBI | 801.40 |
Bank Of Baroda | 268.15 |
PNB | 136.45 |
Canara Bank | 617.55 |
Union Bank Of India | 150.85 |
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