Public sector lender State Bank of Hyderabad on Wednesday said its net profit rose 8.93 per cent to Rs 220.98 crore for the third quarter ended December over the year-ago period.
Total income declined to Rs 1,788.40 crore against Rs 1,795.97 crore during the same period a year ago, the bank said in a filing to the Bombay Stock Exchange. For the nine months ended December 31, 2009, the company posted a net profit of Rs 565.58 crore against Rs 443.52 crore for the same period last financial year.