State Bank of Hyderabad’s net profit increased 6.8 per cent at Rs 322 crore in the third quarter ended December 31 compared with Rs 301 crore in the year-ago period.

Its total income increased 13 per cent to Rs 3,374 crore. Net interest income rose 15.4 per cent to Rs 976 crore (Rs 845 crore).

The bank’s total business expanded 16 per cent to touch Rs 1,94,215 crore, while net non-performing assets decreased to 1.48 per cent from 1.99 per cent a year ago, according to a release.

(This article was published on January 31, 2013)
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