Q2 Results: State Bank of India’s profit rises 23 percent to Rs 19,782 crore in second quarter, results released
New Delhi| State Bank of India has released the results for the second quarter July-September of the current financial year (2024-25). The company’s integrated net profit has increased by 23 per cent year-on-year to Rs 19,782 crore, according to the data. This had led to a consolidated net profit of Rs 16,099 crore for the bank in the second quarter of the previous financial year.
Announcing the quarterly results, SBI said its net profit on a standalone basis for the July-September period stood at Rs 18,331 crore, compared to Rs 14,330 crore in the same quarter a year ago. In the previous quarter (April-June), it was Rs 17,035 crore.
State Bank of India has released the results for the second quarter July-September of the current financial year (2024-25). The company’s integrated net profit has increased by 23 per cent year-on-year to Rs 19,782 crore, according to the data. This had led to a consolidated net profit of Rs 16,099 crore for the bank in the second quarter of the previous financial year.
Announcing the quarterly results on Friday, SBI said its net profit on a standalone basis for the July-September period stood at Rs 18,331 crore, compared to Rs 14,330 crore in the same quarter a year ago. In the previous quarter (April-June), it was Rs 17,035 crore.
