STATE BANK OF INDIA - Announces Q1 results

State Bank of India has announced the following results for the quarter ended June 30, 2014:<br/><br/>The Unaudited Standalone results for the Quarter ended June 30, 2014<br/><br/>The Bank has posted a net profit of Rs. 33490.80 million for the quarter ended June 30, 2014 as compared to Rs. 32410.80 million for the quarter ended June 30, 2013. Total Income has increased from Rs. 361926.20 million for the quarter ended June 30, 2013 to Rs. 407392.10 million for the quarter ended June 30, 2014.<br/><br/>The Consolidated Results are as follows:<br/><br/>The Unaudited Consolidated results for the Quarter ended June 30, 2014<br/><br/>The Group has posted a profit after taxes, minority interest and share of profit / (loss) of associates of Rs. 44481.50 million for the quarter ended June 30, 2014 as compared to Rs. 42985.60 million for the quarter ended June 30, 2013. Total Income has increased from Rs. 525022.90 million for the quarter ended June 30, 2013 to Rs. 606209.30 million for the quarter ended June 30, 2014.