SBI Q3 Results: State Bank of India (SBI), the country’s largest bank, released the results of the October-December 2024 quarter. The bank’s third quarter (Q3Fy25) jumped 84.3 per cent to Rs 16,891.44 crore. SBI earned a profit of Rs 9,160 crore in the same quarter (Q3Fy24) of a year ago.
SBI’s quarterly basis (QOQ) profit decreased by 7.8 per cent. In the second quarter (Q2FY25) of the current financial year, the bank earned a net provide of Rs 18,330 crore. SBI shares declined after the third quarter result. SBI’s stock was trading 1.76 per cent to Rs 752.6 at 2.15 pm. While this during this benchmark index Sensex was trading below 0.48 percent.