SBI Announces Q3 Results (26-Jan-2010)

State Bank of India (SBI) has announced the following unaudited results for the quarter ended December 31, 2009:
The Bank has posted a net profit of Rs 24790.50 million for the quarter ended December 31, 2009 where as the same was at Rs 24784.20 million for the quarter ended December 31, 2008. Total Income is Rs 211454.00 million for the quarter ended December 31, 2009 where as the same was at Rs 203059.00 million for the quarter ended December 31, 2008.
The unaudited Consolidated Results are as follows
The Group has posted a net profit after minority interest of Rs 33045.90 million for the quarter ended December 31, 2009 where as the same was at Rs 36076.10 million for the quarter ended December 31, 2008. Total Income is Rs 322314.50 million for the quarter ended December 31, 2009 where as the same was at Rs 293681.40 million for the quarter ended December 31, 2008.
The figures of the current period include the working results of the branches of erstwhile State Bank of Saurashtra (SBS) consequent to its merger with the Bank in August 2008. Hence, the figures of the previous period are strictly not comparable.
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