The State Bank of India (SBI) has posted an 11.5 per cent jump in its net profit during the August-September quarter of 2008-09.

The bank’s consolidated profits stood at Rs 2,458 crore for the quarter ended September 30 as compared to Rs 2,204.56 crore in the same period previous year.

The bank’s total income rose by 26.41 per cent in the period under review to Rs 27,083.47 crore as compared to Rs 21,424.26 crore in Q2 2008.

The net profit of the country’s largest bank rose by 40.23 per cent to Rs 2,259.72 crore as against Rs 1,611.42 crore in the same period last year.