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State Bank of Bikaner reports 31% jump in Q3 net profit

01 Feb 2013 Evaluate

State Bank of Bikaner and Jaipur has reported results for third quarter ended December 31, 2012.

The bank has reported 31.21% rise in its net profit at Rs 215.11 crore for the quarter as compared to Rs 163.94 crore for the same quarter in the previous year. Total income of the bank has increased by 15.04% at Rs 2,082.25 crore for quarter under review as compared to Rs 1,810.06 crore for the quarter ended December 31, 2011.

The bank’s gross NPA for the December 31, 2012 quarter of the current fiscal stood at 3.13%, lower as compared to 3.43% in the same quarter of the previous year. Bank’s Net NPA remained higher at 1.88% in the quarter under review as against 2.13% in Q3FY12.    

Peers
Company Name CMP
State Bank Of India 954.00
PNB 109.90
Bank Of Baroda 231.75
Canara Bank 118.50
Union Bank Of India 168.00
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