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SBI shares rise nearly 2% after Q1 beat. Here's what Nomura, Morgan Stanley and other top brokerages expect next
SBI shares gained 1.55% after the lender reported a 10% YoY rise in Q1 FY27 standalone net profit to Rs 21,121 crore, beating Street estimates. Net interest income rose 15% to Rs 46,992 crore, while operating profit increased 10%. Domestic NIM improved to 3%, while whole-bank NIM rose 5 bps sequentially to 2.86%.
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economictimes.indiatimes.com
SBI Q1 Results: Standalone profit rises 10% YoY to Rs 21,121 crore, beats estimates
State Bank of India reported a ten percent year-on-year net profit growth. Its net interest income also saw a fifteen percent rise during the quarter. Total business crossed one…
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thehindubusinessline.com
SBI Q1 net profit rises 10% to ₹21,121 crore on strong NII, lower NPA provisions
SBI's Q1 net profit rises 10% to ₹21,121 crore, driven by strong net interest income and reduced NPA provisions.
