New Delhi: Country's largest lender SBI on Friday said it has reported a net profit of Rs 838.40 crore in the fourth quarter of 2018-19 fiscal on a standalone basis as non-performing assets (NPAs) came down.
The state-owned lender had witnessed a net loss of Rs 7,718.17 crore during the corresponding January-March quarter of 2017-18.
Income (standalone) during the March quarter of 2018-19 rose by nearly 11 per cent to Rs 75,670.50 crore as against Rs 68,436.06 crore in the same period of the preceding fiscal, the bank said in a regulatory filing.
For the full year 2018-19, the bank reported a consolidated net profit of Rs 3,069.07 crore. While there was a loss of Rs 4,187.41 crore in the entire 2017-18.