State Bank Of India

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Large Cap | Bank - Public
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State Bank of India reports 8% rise in Q3 consolidated net

Date: 14-02-2013

State Bank of India has reported results for third quarter ended December 31, 2012.

The bank has reported 4.08% rise in its net profit at Rs 3396.06 crore for the quarter as compared to Rs 3263.04 crore for the same quarter in the previous year. Total income from operation of the bank has increased by 14.11% at Rs 33992.11 crore for quarter under review as compared to Rs 29787.37 crore for the quarter ended December 31, 2011.

The bank, on consolidated basis, posted a rise of 7.65% in its net profit at Rs 4648.44 crore for the quarter as compared to Rs 4318.08 crore for the same quarter in the previous year. Total income of the bank increased by 18.18% at Rs 50942.14 crore for quarter under review as compared to Rs 43106.49 crore for the quarter ended December 31, 2011.