State Bank of Hyderabad today reported 44 per cent decline in its net profit for the third quarter ended December, 2015.
The public sector bank had posted a net profit of Rs 333.88 crore during the same quarter of last fiscal.
Income from investments rose by 5.26 per cent to Rs 688 crore during the quarter against Rs 653.84 crore in the corresponding quarter, SBH said in a BSE filing.
Total income from interest stood at Rs 3,950 crore during the quarter under review against Rs 3,945 crore in the corresponding period.
The bank's net profit in the nine months of the current financial year stood at Rs 811 crore.
The net Non Performing Assets (NPAs) stood at Rs 2,894 crore, while total expenditure was Rs 3,096 crore in the quarter under review.
