State Bank Of India

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Large Cap | Bank - Public
1038.20
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State Bank of India reports 64% rise in Q2 consolidated net profit

Date: 05-11-2022

State Bank of India reported results for second quarter ended September 30, 2022.

The bank has reported rise of 73.93% in its net profit at Rs 13,264.52 crore for Q2FY23 as compared to Rs 7,626.57 crore for the corresponding quarter previous year. Total income of the bank increased by 14.22% to Rs 88,733.86 crore for the quarter under review as compared to Rs 77,689.09 crore for the same quarter in the previous year.

On the consolidated basis, the bank has reported rise of 64.46% in its net profit at Rs 15,017.28 crore for the quarter under review as compared to Rs 9,131.23 crore for the same quarter in the previous year. Total income of the bank increased by 13.49% to Rs 1,14,782.48 crore for the quarter under review as compared to Rs 1,01,143.25 crore for the same quarter in the previous year.