State Bank of Patiala net profit declines 55.33% in the March 2013 quarter

Net profit of State Bank of Patiala declined 55.33% to Rs 123.56 crore in the quarter ended March 2013 as against Rs 276.63 crore during the previous quarter ended March 2012. Total Operating Income rose 5.44% to Rs 2387.07 crore in the quarter ended March 2013 as against Rs 2263.83 crore during the previous quarter ended March 2012.

For the Audited full year,net profit declined 16.28% to Rs 666.76 crore in the year ended March 2013 as against Rs 796.45 crore during the previous year ended March 2012. Total Operating Income rose 17.77% to Rs 9564.26 crore in the year ended March 2013 as against Rs 8121.10 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales2387.072263.83 5 9564.268121.10 18 OPM %68.8178.01 -12 76.7476.81 0 PBDT126.56373.20 -66 984.761203.07 -18 PBT126.56373.20 -66 984.761203.07 -18 NP123.56276.63 -55 666.76796.45 -16

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