SBI Q4 net up 75 per cent at Rs 1,493 crores

New Delhi, May 12: Country's largest PSU bank State Bank of India (SBI) today posted a whopping 75 per cent increase in its net profit at Rs 1,493.19 crore for the fourth quarter ended March 31, 2007 as compared to Rs 853.29 crore during the same quarter last fiscal.

Its total income also rose 29 per cent to Rs 14,435.76 crore in the said quarter from Rs 11,186.10 crore for the same period a year ago.

For the year ended March 31, 2007 the Bank's net profit increased three per cent to Rs 4,541.31 crore as compared to Rs 4,406.67 crore for the year ended March 31, 2006 while the total income increased to Rs 45,260.28 crore from Rs 43,414.77 crore during the period.

UNI