State Bank Of India
-0.05 (0.00%) SBI reports 62% rise in Q3 consolidated net profit
Date: 04-02-2023State Bank of India (SBI) has reported results for third quarter ended December 31, 2022 (Q3FY23).
The bank has reported rise of 68.47% in its net profit at Rs 14205.34 crore for Q3FY23 as compared to Rs 8431.88 crore for the corresponding quarter previous year. Total income of the bank increased by 25.18% to Rs 98083.77 crore for the quarter under review as compared to Rs 78351.54 crore for the same quarter in the previous year.
On the consolidated basis, the bank has reported rise of 61.68% in its net profit at Rs 15669.65 crore for the quarter under review as compared to Rs 9691.96 crore for the same quarter in the previous year. Total income of the bank increased by 21.71% to Rs 127218.97 crore for the quarter under review as compared to Rs 104528.22 crore for the same quarter in the previous year.