SBBJ Q3 net up over two folds at Rs 132.4 cr

MUMBAI: State Bank of Bikaner and Jaipur (SBBJ) on Friday posted an over two-fold increase in its net profit at Rs 132.4 crore for the third quarter of the 2010-11.

The bank had reported a net profit of Rs 51.2 crore during the same period last fiscal, SBBJ informed the Bombay Stock Exchange.

The total income of the bank increased to Rs 1,351.8 crore, as against Rs 1,105.6 crore in the year-ago period.

For the nine months ended December 2010, SBBJ's net profit rose to Rs 363.1 compared to Rs 233.6 crore in the same period a year ago.