State Bank of India made a net profit of INR 33.8 bil in the third quarter of 2019, up 486% when compared to the same period of last year. This implies a return on equity of 5.50%.
Historically, the bank’s net profit reached an all time high of INR 50.4 bil in 1Q2012 and an all time low of INR -75.4 bil in 1Q2018. The average profit in the last six quarters amounted to INR 14.4 bil.
The bank generated its shareholders an average return on equity of 2.75% in the last five years with maximum at 11.3% and minimum at -12.9%.