SBI Q3 Result: The country’s largest PSU bank SBI has released the results of the December 2024 quarter. Its standelone profit increased by more than 84 per cent in the December quarter. However, it has fallen by more than 7 percent on a quarterly basis. It made a profit of Rs 16,891 crore in the third quarter October-December 2024 quarter of the current financial year. After the results came, the shares came down further. Currently, it is down by 1.67 per cent to Rs 753.30 on BSE. It slipped to Rs 751.35 in intra-day.
SBI Q3 Result: Special things
In the December quarter, SBI’s Standelone net profit rose by 84.32% to ₹ 16,891 crore on an annual basis but declined by 7.8% on a quarterly basis. The bank’s deposit growth in the December quarter was 10 per cent on an annual basis.