May 18, 2012

SBI Q4 net profit soars to Rs 4,050.27 crore, beats estimates

State Bank of India posted a net profit of Rs 4,050.27 crore for the quarter ended March 31, 2012, compared to Rs 20.88 crore for the quarter ended March 31, 2011. Total income increased to Rs 33,959.54 crore in the March 2012 quarter from from Rs 26,536.84 crore in the year-ago period. 

The SBI board proposed a dividend of Rs 35 per share for the accounting year ended March 31, 2012. 

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