State Bank of Mysore (SBM) has posted a 40.18 per cent increase in net profit to Rs 106.81 crore for the fourth quarter (Q4) of 2013-14 against Rs 76.19 crore during the same period last year.
Total income during Q4 has also gone up by 5.99 per cent to Rs 1,824.69 crore from Rs 1,721.48 crore recorded last year. EPS (basic) stood at Rs 22.5 (Rs 16.28).
Gross NPA was Rs 2,818.87 crore (Rs 2,080.63 crore). Percentage of gross NPA to gross advances stood at 5.54 per cent (4.53 per cent). Net NPA was Rs 1,630.27 crore (Rs 1,208.75 crore. Percentage of net NPA to net advances stood at 3.29 per cent (2.69 per cent).