State Bank of India standalone net profit rises 327.10% in the March 2020 quarter

Image
Capital Market
Last Updated : Jun 05 2020 | 2:51 PM IST

Total Operating Income decline 0.48% to Rs 62681.40 crore

Net profit of State Bank of India rose 327.10% to Rs 3580.81 crore in the quarter ended March 2020 as against Rs 838.40 crore during the previous quarter ended March 2019. Total Operating Income declined 0.48% to Rs 62681.40 crore in the quarter ended March 2020 as against Rs 62985.38 crore during the previous quarter ended March 2019.

For the full year,net profit rose 1580.31% to Rs 14488.11 crore in the year ended March 2020 as against Rs 862.23 crore during the previous year ended March 2019. Total Operating Income rose 5.95% to Rs 257323.59 crore in the year ended March 2020 as against Rs 242868.65 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Total Operating Income62681.4062985.38 0 257323.59242868.65 6 OPM %45.9644.10 -54.0549.14 - PBDT2238.70431.20 419 18847.1246.93 40060 PBT2238.70431.20 419 18847.1246.93 40060 NP3580.81838.40 327 14488.11862.23 1580

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 05 2020 | 2:42 PM IST

Next Story