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State Bank of India Q3FY24; 27% fall in Profits

State Bank of India is a Fortune 500 company. It is an Indian Multinational, Public Sector banking and financial services statutory body headquartered in Mumbai. It is the largest and oldest bank in India with over 200 years of history.

Financial Results:

State Bank of India reported Revenues for Q3FY24 of ₹1,12,868.00 Crores up from ₹91,518.00 Crore year on year, a rise of 23.33%.

Total Expenses for Q3FY24 of ₹1,30,727.00 Crores up from ₹1,05,864.00 Crores year on year, a rise of 23.49%.

Consolidated Net Profit of ₹11,598.00 Crores down 27.0% from ₹15,888.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹12.40, down 28.49% from ₹17.34 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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