State Bank of India Q3 net up 19.56%

State Bank of India (SBI) has posted a 19.56% jump in net profit at Rs 1099.35 crore for the third quarter ended December 31, 2004 as compared to Rs 919.44 crore for the quarter ended December 31, 2003.

According to a release issued to the BSE, total income has increased 20% from Rs 8559.34 crore in Q3-03 to Rs 10267.07 crore for the quarter ended December 31, 2004.