State Bank of India (SBI) reported a 10.23% YoY rise in standalone net profit for Q1FY27, reaching ₹21,121 crore, driven by a 14.88% increase in interest income.
SBI's interest income for the quarter under review stood at ₹46,992 crore
Aug 07, 2026
03:32 pm
What's the storyThe State Bank of India (SBI) has reported a net profit of ₹21,121.22 crore for the June quarter (Q1FY27), marking a year-on-year increase of 10.23%.
This is an improvement over the ₹19,160.44 crore profit recorded in the same quarter last year.
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SBI shares rose sharply on Friday after the lender reported a 10% year-on-year rise in Q1 FY27 standalone profit to Rs 21,121…
