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SBI Q3 net profit at Rs 32.63bn

India Infoline News Service / 14:12 , Feb 13, 2012

Net Interest Income (NII) for the third quarter stood at Rs 114.63bn

SBI has posted results for the thid quarter ended 31st Dcember, 2011.

Its Q3 net profit was stood at Rs 32.63bn

Net Interest Income (NII) for the third quarter stood at Rs 114.63bn

Gross NPAs stood at 4.61% vs 4.19% QoQ.

Net NPAs stood at 2.22% vs 2.04% QoQ.

Gross NPAs in absolute terms stood at Rs 400.98bn vs. Rs 339.46bn QoQ.

Net NPAs in absolute terms stood at Rs 188bn vs. Rs 161.2bn QoQ.

The company has reported a net interest margin (NIM) of 4.05% in the October to December quarter, compared with 3.61% in the same quarter a year earlier.

The state-run bank had said in November that it expected the NIM to remain in a 3.5-3.65% range in the current fiscal year ending in March 2012.

 



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