Thursday 11 February 2016

State Bank of India Q3 net profit down 61.7% to Rs.1115 crore

Total Income has increased from Rs. 437839.70 million for the quarter ended December 31, 2014 to Rs. 467310.10 million for the quarter ended December 31, 2015.


State Bank of Mysore
SBI Ltd posted results for the thid quarter ended 31st December, 2015.

The net profit for the quarter was at Rs.1115 crore as against Rs. 2910 crore.

The net NPA for the quarter stands at 2.89%.

Total Income has increased from Rs. 437839.70 million for the quarter ended December 31, 2014 to Rs. 467310.10 million for the quarter ended December 31, 2015.

State Bank of India is currently trading at Rs. 161.55, up by Rs. 2.6 or 1.64% from its previous closing of Rs. 158.95 on the BSE.

The scrip opened at Rs. 159.95 and has touched a high and low of Rs. 163 and Rs. 158.65 respectively. So far 21270166(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 123389.34 crore.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 315.8 on 04-Mar-2015 and a 52 week low of Rs. 158.05 on 10-Feb-2016. Last one week high and low of the scrip stood at Rs. 176.8 and Rs. 158.05 respectively.

The promoters holding in the company stood at 60.18 % while Institutions and Non-Institutions held 28.55 % and 9.32 % respectively.

The stock is currently trading above its 200 DMA.

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