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The bank had reported a net profit of Rs 2,814.82 crore in the corresponding period of 2016-17.
Sequentially, the loss widened from Rs 2,416.37 crore in the third quarter ended December 2017.
Total income during the January-March quarter was up at Rs 68,436.06 crore, from Rs 57,720.07 crore in the same period a year earlier, the bank said in a regulatory filing.
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Net NPAs rose to 5.73 per cent of the net advances compared to 3.71 per cent last year.
Stock of SBI was trading 5.2 per cent up at Rs 257.85 on BSE in afternoon trade.