State Bank of Indore today said its net profit rose 81.54 per cent to Rs 77.34 crore for the quarter ended June 30, 2009, over the same period last year.     

The company had a net profit of Rs 42.60 crore in the quarter ended June 31, 2008, the public sector lender said in a filing to the Bombay Stock Exchange.     

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Last month, State Bank of Indore received board's nod to merge with its parent State Bank of India.

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