Financial Daily from THE HINDU group of publications
Thursday, Aug 01, 2002
Financial Daily from THE HINDU group of publications Thursday, Aug 01, 2002 |
|
|
|
|
|
Money & Banking
-
Public Sector Banks Corporate Results - Public Sector Banks SBH net rises 44 pc Our Bureau
HDERABAD: State Bank of Hyderabad (SBH) has registered a growth of 44.22 per cent in net profit for the first quarter of current fiscal year ended June 30, 2002 on a marginal growth of 7.72 per cent in turnover. According to the unaudited financial results taken on record by the SBH board, the bank achieved a total income of Rs 553.28 crore as against Rs 513.6 crore in the corresponding quarter of previous year, gross profit of Rs 130.25 crore (Rs 109.94 crore) and a net profit of Rs 61.9 crore (Rs 42.92 crore). In a press release here, the bank said its expenditure increased to Rs 423.03 crore from Rs 403.66 crore.
Send this article to Friends by E-Mail
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |
Copyright © 2002, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|