State Bank Of India

State Bank of India (SBI) has reported results for third quarter ended December 31, 2023 (Q3FY24). 

The bank has reported 35.49% fall in net profit at Rs 9163.96 crore for the quarter ended December 31, 2023 as compared to Rs 14205.34 crore for the same quarter in the previous year. However, total income of the bank increased by 20.50% at Rs 118192.68 crore for Q3FY24 as compared Rs 98083.77 crore for corresponding quarter of the previous year.

On consolidated basis, the bank reported 28% fall in its net profit at Rs 11282.66 crore for Q3FY24 as compared to Rs 15669.65 crore for the same quarter in the previous year. However, total income of the bank increased by 20.30% at Rs 153071.64 crore for Q3FY24 as compared Rs 127218.97 crore for corresponding quarter of the previous year.