SBI Q4 net dips 32 percent
May 14th, 2010 - 5:34 pm ICT by IANS
Kolkata, May 14 (IANS) The country’s biggest lender, State Bank of India (SBI), posted 32 per cent decline in net profit at Rs.1,867 crore in the Jan-March quarter against Rs.2,742 crore reported a year ago.
However, total income of the bank increased 1.8 per cent to
Rs.22,474 crore for the quarter under review from Rs.22,061 crore in the same period last fiscal, SBI said in a filing to the Bombay Stock Exchange (BSE) Friday.
Shares of the bank plunged more than four percent following the result.
- SBI expects 22 percent credit, 15 percent deposit growth (Lead) - May 14, 2010
- SBI stock plunges on talk of loan to Kingfisher - Feb 22, 2012
- HDFC Bank Q4 profit up 30 percent - Apr 18, 2012
- SBI's third quarter net profit up 15.38 percent - Feb 13, 2012
- SBI quarterly net profit nose-dives on increased provisions - May 17, 2011
- SBI net profit rises 14 percent at Rs.2,828 crore - Jan 22, 2011
- ICICI's third quarter net profit up 20.25 percent - Jan 31, 2012
- SBI net profit nose-dives on increased provisions (Lead) - May 17, 2011
- HDFC Bank third quarter net profit up 31.2 percent - Jan 19, 2012
- SBI net profit jumps 25 percent, scrip at all time high - Aug 12, 2010
- SBI annual net profit surges nearly 42 percent (Lead) - May 18, 2012
- SBI quarterly net profit rises 12.4 percent - Nov 09, 2011
- Kingfisher cuts flights to fend off debt, banks plan lifeline (Roundup) - Feb 22, 2012
- Infosys beats guidance but stock dips on muted earnings - Jul 12, 2011
- ICICI Bank's net profit jumps 30.5 percent in third quarter - Jan 24, 2011
Tags: bank of india, bombay stock exchange, bse, crore, decline, dips, net profit, rs 1, rs 2, sbi, state bank, state bank of india