SBI Q4 earnings
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%.
SBI Chairman Setty rules out asset quality stress in Q1, says seasonality distorts sequential NPAs
State Bank of India reported a strong first quarter with net profit rising over ten percent. Gross advances surpassed fifty lakh crore rupees, marking significant growth for the bank. Asset quality indicators showed marked improvement year-on-year, with GNPA declining. The bank maintained its full-year credit growth guidance at fourteen to fifteen percent. SBI is deploying Responsible AI Policy to enhance cybersecurity and operational efficiency.
Hindalco Q1 results: Profit soars 75% YoY to record Rs 7,013 crore; revenue jumps 32%
Hindalco Industries reported a record 75% year-on-year jump in June-quarter consolidated net profit to Rs 7,013 crore, driven by strong India aluminium and copper operations and a recovery at Novelis. Revenue rose 32% to an all-time high of Rs 84,825 crore, while EBITDA surged 73% to Rs 14,989 crore, reflecting robust operational performance despite exceptional expenses.
SBI Q4 Results Live Update: SBI posts higher-than-expected PAT at Rs 20,698 crore; dividend of Rs 13,70/share announced
SBI Q4 Results Live Update: On Thursday, the State Bank of India (SBI) announced a standalone net profit of Rs 20,698 crore for the quarter ending March 31, 2024, marking a 24% year-on-year increase from Rs 16,694 crore reported in the corresponding period last year. The reported profit surpassed the Street's estimate of Rs 16,695 crore.
SBI Q4 results: Net profit slides 10% YoY to Rs 18,642.59 cr, NII surges 3%
SBI Q4 results: The bank posted an operating profit of Rs 31,286 crore in Q4FY25, marking an 8.83% increase over Rs 28,748 crore a year ago. However, the loan loss provisions surged 20.35% YoY to Rs 3,964 crore from Rs 3,294 crore in Q4FY24.
SBI earnings: Analysts focus on bad loans as slippages rise
SBI under its new chairman Pratip Chaudhuri has already changed course in a number of areas.
SBI Q4 Results: Net profit zooms 83% YoY to Rs 16,695 crore, beats estimates
The Board declared a dividend of Rs 11.30 per equity share (1130%) for the financial year ended March 2023. The date of payment is fixed on June 14.
SBI Q4 preview: Lender to see another strong quarter, PAT to grow up to 57%
ICICI Securities said it expects SBI to deliver over 13 per cent core RoE aided by growth build-up, contained credit cost and steady margin profile.
SBI Q4 Results preview: Will SBI deliver Street-beating numbers today?
All eyes will be on the impact of Covid 2.0 wave on non-performing assets and growth outlook.
SBI profit surges to record on loan growth, cut in provisions
Loans to individuals rose 15% year on year led by a 11.49% growth in home loans. Retail loans crossed the ₹10 lakh crore mark for the bank during the quarter. Retail loans now make up the largest chunk of the ₹28.18-lakh-crore loan book at 23%.
SBI Q4 Results: Net profit jumps 41% YoY but misses estimates; dividend of Rs 7.10 declared
The company said its provisions for bad loans came down to nearly a third of the level year ago. It kept aside Rs 3,262 crore during the quarter, compared to Rs 9,914 crore. Though the total provision for contingencies including those for bad loans stood at Rs 7,237 crore compared to Rs 11,051 crore.
SBI’s Rs 50,000 crore FY23 PAT is first ever by any bank. Know what brokerages say
State Bank of India's (SBI) stock gained nearly 2% in the early trade on Friday after the state-lender reported a better than estimated Q4FY23 earnings on Thursday. SBI reported an 83% growth in standalone net profit at Rs 16,695 crore for the quarter ended March 31, 2023. It was Rs 9,113 crore in the same quarter last year. Net interest income for the fourth quarter rose 29% to Rs 40,393 crore, compared with
SBI Q4 Results: Standalone profit rises 6% YoY to Rs 19,684 crore, beats estimates
SBI Q4 Results: State Bank of India reported a 6% year-on-year rise in standalone net profit to Rs 19,684 crore for the fourth quarter, exceeding analyst expectations. The bank also declared a dividend of Rs 17.35 per share. Despite a decline in operating profit, asset quality improved with a lower Gross NPA ratio.
State Bank of India slips over 3% ahead of its Q4 results
The stock has remained flat for the year 2013 but has gained over 14% in the last two months (since April till May 22), but it has underperformed CNX Bank Index.
SBI Q4 Results: PAT jumps 24% YoY to Rs 20,698 crore, beats estimates
SBI Q4 Results: The Net interest income or NII for the January-March quarter stood at Rs 41,655 crore, up 3% YoY to over Rs 40,393 crore, while for FY24 the figure stood at Rs 1,59,876 crore, a 10% jump over the last financial year. The Board has also recommended a dividend of Rs 13.70/share. Interest earned during Q4 advanced 19% YoY to Rs 1,11,043 crore.
SBI Q4 earnings shows improvement in its business
Compared with the December 2011 quarter, the percentage of its non performing assets to advances has reduced.
Higher wage provisions may dent SBI Q4 earnings
The bank's profit is expected to range between ₹16,000 crore and ₹20,000 crore, based on consensus estimates from five brokerages. This is a decline from more than ₹20,000 crore last year.
Believe that 10% credit growth is achievable: Ashwani Bhatia, SBI
"When we talk about the corporate book, it is more a function of how the economy is doing. Assuming that the retail book will remain robust, we are actually already seeing a decent number of enquiries coming in."
SBI Q4 takeaways: Asset quality outlook improves, retail loan growth sturdy
The lender’s Chairman Dinesh Khara said that the bank does not see much concern ahead on the asset quality front despite the impact of the second Covid-19 wave on the economy.
SBI pays Rs 8,813 crore dividend to government for FY26, FM Nirmala Sitharaman receives cheque
The State Bank of India (SBI) presented a dividend cheque of Rs 8,813 crore to the government for the financial year ending March 31, 2026. This follows SBI's reported 6% year-on-year rise in net profit for the January-March quarter of FY26, reaching Rs 19,684 crore.
SBI at Rs 710? What makes analysts see up to 56% upside in the stock
Calling the stock 'attractively valued' analysts have price targets that hint at up to 56 per cent upside for the counter. Loan growth surprised positively and this improvement will be the key catalyst for the stock, said Nomura India, which has a target of Rs 615 on the stock.
Will Bhushan Power resolution help SBI post stellar numbers for Q4?
With the payment for the resolution received, SBI will be able to reverse a large chunk of the provisions made for the company account that will boost its bottom line, analysts said.
Q3 results today: SBI, Clean Science, KIMS among 50 companies to announce earnings
Nearly 50 companies, including Archean Chemical Industries, Affle, Balu Forge, Clean Science and Technology, Gujarat Alkalies & Chemicals, and Krishna Institute of Medical Sciences (KIMS), will announce their December quarter earnings. The market is particularly interested in the results of PSU lender State Bank of India (SBI).
SBI shares plunge 7% after Q4 operating profit falls 16% YoY, NIMs contract 21 bps
State Bank of India shares dropped 7% after the bank reported margin pressure and weaker operating performance in its March quarter earnings. Net interest margins contracted year-on-year and sequentially, while net interest income declined quarter-on-quarter. Operating profit also saw a fall compared to previous periods.
Analysts bullish on SBI after strong Q4
Shares of SBI rose as much as 2.1% before giving up most of their early gains in a choppy trade. The stock eventually closed at ₹575.65 apiece on the NSE, up 0.25% from the previous close.
SBI Q4 Preview: Can the largest PSB deliver good profits despite treasury pain?
SBI is expected to report a subdued March quarter as treasury losses likely offset stable loan growth and resilient margins. Brokerages expect modest profit growth, steady asset quality and stable credit costs, while investors will closely track management commentary on margins, deposits, loan growth and the impact of a lower interest-rate environment.
SBI gains market share, 21% loans on EMI freeze: Key Q4 takeaways
The bank’s bad loan volume rose by about a Rs 1,000 crore to Rs 8,105 crore.
Banks report muted Q4 profit growth amid margin pressure
Banking sector’s net profit rose just 4.9% YoY in Q4 FY25—the slowest in 17 quarters—due to weak private bank performance, SBI’s earnings drop, and pressure on margins. Upcoming rate cuts and liquidity measures may ease stress ahead.
SBI Q4 Preview: PAT may drop up to 22% YoY on higher provisions; NII seen rising up to 4%
SBI’s Q4FY25 net profit may fall 4.5–22% YoY amid higher provisions and softer pre-provision operating profit. While loan and deposit growth remains healthy, margin pressure and rising credit costs weigh on earnings. Analysts eye asset quality, capital raise plans, and return metrics.
SBI shares in focus ahead of Q4 results; lender set to consider up to $2 billion fundraising plan on May 12
State Bank of India's board will consider a fundraising plan of up to $2 billion on May 12. The bank will also release its Q4 results today, with analysts expecting muted profit growth due to treasury losses, despite stable loan growth and margins. SBI shares have seen significant gains over the past year.
SBI stock rallies over 9% post Q1 results; here are top five takeaways
State Bank of India rose as much as 9.1% in the afternoon trade on Friday after the largest public sector bank reported results for the quarter ended June 30.
PG Electroplast shares crash 23% after Q1 PAT drops 54% QoQ; near-term headwinds seen
PG Electroplast shares fell 23% after Q1 net profit dropped 20% YoY and 54% QoQ to ₹67 crore. Despite 14% YoY revenue growth, early monsoon hit seasonal AC sales. Management stays optimistic on long-term outlook.
SBI Q3 results today: What to expect, key things to track for investors
SBI has guided for a shortfall of Rs 10,000 crore towards the new wage agreement, which will be spread over two quarters of H2FY24. In the second quarter, SBI had a one-off wage provision of Rs 3400 crore.
Buy State Bank of India, target price Rs 272: ICICI Securities
State Bank of India, incorporated in the year 1955, is a banking company (having a market cap of Rs 184739.46 Crore).
Q2 results today: SBI, Tata Motors among 152 companies to announce earnings on Friday
Over 150 companies, including major players like SBI, LIC, Tata Motors, and Vedanta, are set to release their July-September 2024 quarter results today. SBI is predicted to show single-digit growth in net interest income, while Tata Motors is expected to see a 30% rise in net profit despite muted revenue growth.
SBI shares in focus after plan to raise $3 billion in FY26
State Bank of India will be in focus after announcing plans to raise up to $3 billion in FY26 via public or private placement of foreign currency bonds. Meanwhile, the lender reported a 10% YoY drop in Q4 standalone profit at Rs 18,643 crore, though FY25 full-year profit rose 16%. Analysts maintain a ‘Buy’ rating with a Rs 930 target.
SBI Q4 Preview: Profit may fall 24% YoY; NII seen flat
Analysts anticipate a relatively stable net interest income (NII) growth or potentially a slight decrease of up to 1% year-on-year, attributed to increased operating expenses and normalization of net interest margins (NIM).
Q1 Results Today: SBI among 41 companies to announce earnings on Saturday
State Bank of India, India's largest public sector bank, is expected to report a slight decrease in profits for the first quarter of 2024 due to increased provisions, despite a projected 10% growth in net interest income.
Fed rate cut decision, India-Pakistan tensions among 8 factors that'll steer D-Street this week
Indian benchmarks extended gains last week, led by largecaps, even as smallcaps underperformed. The Nifty ended up 1.3%, while the Sensex rose 1.6%. Key triggers this week include the US Fed policy decision, Q4 earnings from SBI and Kotak Bank, macro data, LoC tensions, and crude oil swings. The Rupee breached 84/USD, and FIIs remained strong buyers.
Titan Q4 Results: Cons profit jumps 35% YoY to Rs 1,179 crore; Rs 15/share dividend announced
Titan Q4 Results: Titan Company reported a robust 35% growth in net profit for Q4FY26, reaching Rs 1,179 crore, driven by a strong performance in its jewellery segment. The company's total income surged by 46% to Rs 20,300 crore. Titan's Board also recommended a dividend of Rs 15 per equity share.
FIIs reverse trend: Rs 3,243 cr bought in April, Rs 40,145 cr in last 12 days
Foreign Institutional Investors (FIIs) have shifted from being net sellers to net buyers in Indian equities, purchasing ₹40,145 crores in the last 12 trading days. This reversal is attributed to President Trump's tariff pause and a weakening US dollar, which boosted emerging markets like India. However, modest earnings growth of around 5% in FY25 may constrain future FII inflows.
SBI Q1 Preview: Earnings growth to moderate with likely PAT decline on higher expenses, provisions
SBI Q1 Preview: Net profit for the April-June 2024 period may decline 3% year-on-year, according to an average estimate of six brokerages. Net interest income for the same period, meanwhile, is seen rising around 10% year-on-year.
GRSE Q1 Results: PAT surges 38% YoY to Rs 120 crore, revenue up 30%
Garden Reach Shipbuilders & Engineers (GRSE) reported a strong first quarter for FY26, with a 37.8% YoY increase in profit after tax, reaching Rs 120.17 crore. Revenue from operations also saw a significant rise of 29.7% YoY, totaling Rs 1,309.87 crore. The company's earnings per share improved to Rs 10.49, reflecting overall positive financial performance.
Q4 FY26 Results Live Updates: Swiggy among key companies to announce Q4 results today. Check SBI, Hyundai Motor, Titan & more results
SBI Q4 FY26 Results Live Updates: SBI Q4 FY26 Results Live Updates: Swiggy is in focus as investors track its operating metrics, growth trajectory and progress towards profitability in the competitive food delivery space. Urban Company is also under watch for demand trends in home services and its path to sustainable margins. Alongside these new-age platforms, largecap names such as SBI, Hyundai Motor India and Titan have reported results. Titan Q4 Results: Cons profit jumps 35% YoY to Rs 1,179 crore; Rs 15/share dividend announced SBI Q4 Results: Standalone profit rises 6% YoY to Rs 19,684 crore, beats estimates Kalyan Jewellers Q4 Results: Cons PAT soars 118% YoY to Rs 409 crore; revenue jumps 66% Hyundai Motor India Q4 Results: Profit falls 23% YoY to Rs 1,221 crore; Rs 21/share dividend declared Swiggy Q4 Results: Loss narrows to Rs 800 crore, revenue surges 45% YoY Urban Company Q4 Results: Cons loss swells 57X to Rs 161 crore; revenue jumps 43% YoY
SBI Q3 Preview: PAT may fall on higher operating expenses; NII growth muted
Net interest income is likely to grow around 6% year-on-year (YoY) in the December quarter, according to an average estimate of five brokerages. Net profit for the same period is seen declining 12% YoY.
Q3 results today: ITC, SBI, Airtel among 174 companies to announce earnings on Thursday
174 companies are announcing their third quarter earnings on Tuesday, including key players like SBI, ITC, Airtel, Britannia, Trent, and Hero MotoCorp. ITC is likely to see a slight revenue growth but a profit decline. Airtel's net profit may see a significant rise, boosted by Indus Towers consolidation. SBI expects steady growth driven by robust loan performance.
SBI Q1 Preview: Profit to double on strong loan growth, treasury gains
SBI is expected to declare its first quarter earnings on Friday, August 4. The net interest income (NII) for the quarter is estimated to rise 30% year-on-year, according to an average estimate of five analysts. Meanwhile, the net profit and operating profit are seen more than doubling from a year-ago period, an average estimate of four analysts showed.
InterGlobe Aviation Q2 preview: Brokerages split on earnings, see up to 13% YoY revenue rise
InterGlobe Aviation, operator of IndiGo, is expected to report a mixed Q2 performance as seasonal softness impacts profitability. Brokerages estimate revenue between Rs 17,646–19,148 crore, with divergent profit views ranging from losses to moderate gains, driven by stable demand and expanding global routes.
SBI share price can surge up to Rs 1,000, say bulls after Q4 results
SBI Share Price: SBI's robust Q4 earnings, with a net profit of Rs 20,698 crore, garnered bullish sentiments from various brokerages. Nomura, JP Morgan, Nuvama, KIE, Motilal Oswal, and Emkay Global maintain buy ratings with target prices ranging from Rs 820 to Rs 1,000, anticipating sustained growth and favorable prospects.
SBI Q2 profit slumps 40% YoY to Rs 945 crore, asset quality improves
Analysts in an ET NOW poll had estimated a loss of Rs 704 crore.
Sensex climbs to 51,000 mark, Nifty tops Mt 15K: Key factors behind market rally
The sentiments were also upbeat ahead of the RBI policy meet outcome scheduled later in the day.
SBI Q3 Results Preview: NII to grow up to 8% YoY, PAT may surge up to 89% on robust loan growth
State Bank of India (SBI) is expected to report high single-digit growth in net interest income (NII) for Q3 FY25, driven by strong loan growth. Estimated topline is between Rs 42,290 crore and Rs 42,845 crore, with net profit potentially rising 61%-89%. Provisions may increase YoY, while NIMs could dip. Earnings will be announced on February 6, 2025.
Nifty Bank crashes 900 points as SBI, IndusInd, Yes Bank, other lender stocks tumble up to 4%. What lies ahead?
The Nifty Bank index plunged nearly 900 points, driven by weak earnings from State Bank of India and broader market sentiment. SBI shares led the decline, while other major banks also saw significant drops. Analysts anticipate continued consolidation in the index, with key support and resistance levels identified.
SBI Q2 net profit likely to fall 30% YoY: Five things to watch out for
SBI, which is expected to complete the process by March 2017, is expected to bear Rs 3,500 crore on account of harmonisation of employee pension plans.
Q4 results this week: L&T, Titan, M&M, Asian Paints, Paytm, Swiggy among 77 companies to announce earnings
Indian equity markets ended higher for the week, with the Sensex up 1.6% and Nifty gaining 1.3%, led by largecaps. Smallcaps lagged amid rising volatility. Key triggers ahead include the US Fed rate decision, Q4 results from SBI and Kotak Bank, India-Pakistan border tensions, and crude price swings. FIIs remained net buyers and the Rupee appreciated past 84/USD.
Advise investors to avoid small caps for some time: Gaurang Shah, Geojit BNP Paribas Financial Services
Soon the earnings season will kick in and that will throw a lot of light on the state of health of balance sheets in the small cap arena.
Look who moved my market on Thursday
Sensex plunged over 800 points on Thursday tracking weak cues from other Asian and European markets and weak earnings by leading index constituents.