SBI’s Q2 net profit up 10%
State Bank of India, the country's largest lender, has registered a growth of 10.18 per cent in its Q2 net profit for the quarter ended September 30, 2009.
The bank posted a net profit of Rs 2490 crore for the quarter ended September 30, 2009, as against Rs 2260 crore in the corresponding quarter a year ago.
The state-owned lender said its total income for the quarter under review has grown up by 14.19 percent at Rs 17776 crore as compared to Rs 15567 crore in the quarter ended Sep 30, 2008.
On a standalone basis, the bank posted a net profit of Rs 2490.04 crore on a total income of Rs 21,301.04 crore.
The shares of SBI closed on Friday at Rs 2191 on BSE. The counter has made 52-week-high and low of Rs 2500 and Rs 894 respectively.