The standalone net profit of SBI was Rs 2,375 crore in July-September quarter of 2013-14, it said in a filing to the BSE.
Provisioning against bad loans during the quarter stood at Rs 4,274 crore, up 41 percent from Rs 3,029 crore in the September quarter of last fiscal.

Gross Non-Performing Assets (NPA) as a percentage of total advances stood at 4.89 percent at the end of September, lower than 5.64 percent in the year-ago period. Net NPA was 2.73 percent.

Total income increased to Rs 41,833 crore during the quarter from Rs 37,199.92 crore in the corresponding period last year.
On a consolidated basis, SBI's net profit rose 31 percent to Rs 4,024 crore during the second quarter.

The group's net profit after taxes, minority interest and share of profit/(loss) of associates was Rs 3,073 crore in the same quarter of previous fiscal.
SBI shares were trading 1.43 percent up at Rs 2,758.10 per scrip during afternoon session on the BSE.

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