SBBJ Q2 net profit soars over 52% at Rs 180.63 crore

JAIPUR: State Bank of Bikaner and Jaipur's net profit increased by 52.25 per cent to Rs 180.63 crore in the July-September quarter of the current fiscal.

Its net profit stood at Rs 118.64 crore in the corresponding quarter last year, the bank said in a statement.

Non-interest income rose by 32.44 per cent to Rs 209.86 crore in the quarter under review against Rs 158.46 crore a year ago, it said.

The Net NPA ratio of the bank stood at 2.15 per cent (as against 2.49 per cent as on September 30, 2015 and 2.54 per cent as on March 31, 2015). The Bank approved on its GNPA from 4.45 per cent as on June 30, 2015 to 4.20 per cent as on September 30, 2015, the statement said.

During the quarter, the bank has contributed Rs 3 crore under its various CSR initiatives which included Re one crore to Rajasthan CM Relief Fund, it said.