State Bank Of India

BSE: 500112 | NSE: SBIN
Large Cap | Bank - Public
1040.40
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SBI reports 51% rise in Q3 consolidated net profit

Date: 07-02-2022

State Bank of India (SBI) has reported results for third quarter ended December 31, 2021.

The Bank has reported a rise of 62.27% in its net profit at Rs 8431.88 crore for the quarter under review as compared to Rs 5196.22 crore for the same quarter in the previous year. Total income of the bank increased by 3.12% at Rs 78351.54 crore for Q3FY22 as compared Rs 75980.65 crore for the corresponding quarter previous year.

On the consolidated basis, the Bank has reported a rise of 51.39% in its net profit at Rs 9691.96 crore for the quarter under review as compared to Rs 6402.16 crore for the same quarter in the previous year. Total income of the bank increased by 7.56% at Rs 104528.22 crore for Q3FY22 as compared Rs 97182.15 crore for the corresponding quarter previous year.