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Tuesday, October 3, 2023
HomeUncategorizedSBI Q2 net profit surges 25pc to Rs. 3,879 crore

SBI Q2 net profit surges 25pc to Rs. 3,879 crore

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SBI today posted a 25 per cent rise in stand-alone net profit at Rs. 3,879.07 crore for the second quarter ended September.

The country’s largest bank had a stand-alone net profit of Rs. 3,100.41 crore in the same quarter last year.

Total income increased to Rs. 46,854.81 crore during the quarter as against Rs. 41,833.36 crore a year earlier.

The bank has reported a consolidated net profit at Rs. 4,991.70 crore for the said quarter compared with Rs. 4,023.84 crore in the year-ago period.

Total income has jumped to Rs. 66,585.85 crore for the second quarter, from Rs. 61,098.67 crore in the same period last year.

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