State Bank of India (SBI) has reported results for second quarter ended September 30, 2024 (Q2FY25).

The bank has reported 27.92% rise in its net profit at Rs 18331.44 crore for the quarter ended September 30, 2024 as compared to Rs 14330.02 crore for the same quarter in the previous year. Total income of the bank increased by 15.13% at Rs 129141.11 crore for Q2FY25 as compared to Rs 112169.43 crore for the corresponding quarter previous year.

On consolidated basis, the bank has reported rise of 23.42% in net profit at Rs 20219.62 crore for Q2FY25 as compared to Rs 16383.18 crore for the same quarter in the previous year. Total income of the bank increased by 13.55% at Rs 163802.38 crore for Q2FY25 as compared to Rs 144256.12 crore for the corresponding quarter previous year.