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SBI reports 9% rise in Q2 consolidated net profit

04 Nov 2023 Evaluate

State Bank of India (SBI) has reported results for second quarter ended September 30, 2023 (Q2FY24). 

The Bank has reported 8.03% rise in its net profit at Rs 14330.02 crore for the quarter under review as compared to Rs 13264.52 crore for the same quarter in the previous year. Total income of the Bank increased by 26.41% at Rs 112169.43 crore for Q2FY24 as compared Rs 88733.86 crore for the corresponding quarter previous year.

On consolidated basis, the Bank has reported 9.09% rise in its net profit at Rs 16383.18 crore for the second quarter ended September 30, 2023 as compared to Rs 15017.28 crore for the same quarter in the previous year. Total income of the Bank increased by 25.68% at Rs 144256.12 crore for Q2FY24 as compared Rs 114782.48 crore for the corresponding quarter previous year.

SBI Share Price

977.80 -41.75 (-4.09%)
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Company Name CMP
SBI 977.80
PNB 105.05
Canara Bank 132.65
Bank Of Baroda 264.60
Union Bank Of India 163.85
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