State Bank of India Q2 net profit up 24% to Rs. 4,991.7 crore

Total Income has increased from Rs. 61,098.6 crore for the quarter ended September 30, 2014 to Rs. 66,585.8 crore for the quarter ended September 30, 2015.

State Bank of India has announced the following results for the quarter ended September 30, 2015.

The bank reported 21.66 per cent rise in its net profit at Rs. 4,991.7 crore for the quarter ended September 30, 2015 as compared to Rs. 4,023.8 crore for the quarter ended September 30, 2014. Total Income has increased from Rs. 61098.6 crore for the quarter ended September 30, 2014 to Rs. 66585.8 crore for the quarter ended September 30, 2015.

On a standalone basis, the bank has posted a net profit of Rs. 3879 crore for the quarter ended September 30, 2015 as compared to Rs. 3100.4 crore for the quarter ended September 30, 2014. Total Income has increased from Rs. 41833.3 crore for the quarter ended September 30, 2014 to Rs. 46854.8 crore for the quarter ended September 30, 2015.