State Bank Of India

State Bank of India has reported results for first quarter ended June 30, 2015.

The bank has reported 10.25% rise in its net profit at Rs 3692.43 crore for the quarter ended June 30, 2015 as compared to Rs 3349.08 crore for the same quarter in the previous year. Total income of the bank has increased by 9.80% to Rs 44730.87 crore for the quarter under review from Rs 40739.21 crore for the corresponding quarter of the previous year.

On the consolidated basis, the bank has reported 5.97% rise in its net profit after taxes, minority interest and share of profit of associates of Rs 4713.57 crore for the quarter ended June 30, 2015 as compared to Rs 4448.15 crore for the same quarter in the previous year. Total income of the bank has increased by 3.80% at Rs 62927.46 crore for quarter under review as compared to Rs 60620.93 crore for the quarter ended June 30, 2014.