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SBI posts Q4 net profit of Rs 3,581 crore on one-time gain from SBI Cards

The profit was supported by one-time gain of Rs 2,731.34 crore from the stake sale in SBI Cards done during the quarter.

Topics
SBI Q4 results | SBI Q4

Nikita Vashisht  |  New Delhi 



On a consolidated basis, the bank’s net profit came in at Rs 6,909.95 crore.
On a consolidated basis, the bank’s net profit came in at Rs 6,909.95 crore.

State Bank of India (SBI) on Friday reported standalone net profit of Rs 3,581 crore in the March quarter of FY20 (Q4FY20). The profit grew 326.93 per cent from Rs 838 crore clocked in the year-ago quarter (Q4FY19). Sequentially, the profit declined 35.85 per cent.

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First Published: Fri, June 05 2020. 14:28 IST

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