SBI Q4 & FY11 results net profit down

May 17, 2011 ஆக்கம் trainee1

State Bank of India results for quarter and year ended March 31, 2011

Results for the quarter ended March 31, 2011 (Standalone):

Net profit decreased by 99% to Rs 20.88 crore for the quarter ended March 31, 2011 as compared to net profit of Rs 1866.60 crore for the quarter ended March 31, 2010.

Total income increased by 18% to Rs 26536.84 crore for the quarter ended March 31, 2011 as compared to Total income of Rs 22474.12 crore for the quarter ended March 31, 2010.

Results for year ended March 31, 2011 (Consolidated):

Net profit decreased by 7% to Rs 11179.94 crore for the year ended March 31, 2011 as compared to net profit of Rs 12013.64 crore for the year ended March 31, 2010.

Total income increased by 10% to Rs 147843.92 crore for the quarter ended March 31, 2011 as compared to total income of Rs 133851.83 crore for the year ended March 31, 2010.

Dividend:

The board of directors recommended a dividend of Rs 30 per equity share.