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State Bank of India's net profit came in at INR 183.31 billion for the quarter ended September, up 27.9% on year. Sequentially, the net profit was up 7.6%. The bottom line rose due to an improvement in total income and asset quality. Analysts had pegged the net profit in the range of INR 128.94 billion-INR 187.12 billion, with an average of INR 163.77 billion, as per estimates from 14 brokerages.
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