SBI Q4 net profit up 75% at Rs 1493.2 cr

Stata Bank of India has announced its Q4FY07 and annual results. Its Q4 net profit was up 75% at Rs 1493.2 crore (Rs 14.93 billion) versus Rs 853.3 crore (Rs 8.53 billion) in Q4 of last fiscal. The banks FY07 net profit stood at Rs 4541.3 crore (Rs 45.41 billion) versus Rs 4406 crore (Rs 44.06 billion) in FY06, up 3%.