State Bank of India made a net profit of INR 33.8 bil under revenues of INR 492 bil in the third quarter of 2019, up 486% and 20% respectively when compared to the same period last year.
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.
On the other hand, bank’s revenues amounted to an all time high of INR 492 bil in 3Q2019 and an all time low of INR 113 bil in 1Q2018. The average revenues in the last six quarters reached INR 396 bil.