SBH Q1 net profit rises 97.4%

State Bank of Hyderabad (SBH) witnessed a 97.49 per cent increase in net profit to Rs 110.24 crore for the first quarter ended June 30, 2009, as compared with Rs 55.82 crore during the same period last year.

Total income for the period stood at Rs 1,724.41 crore, as against Rs 1,369.86 crore in the corresponding quarter a year ago, reflecting a growth of 25.88 per cent.