31-August-2025
Corporate News
 
SBI Q1 results: Net profit rises 12% to Rs 19,160 crore, beats estimates
08-Aug-2025

State Bank of India Ltd on August 8 reported 12% rise in net profit at Rs 19,160 for the June quarter as compared to Rs 17,035 crore a year ago. SBI's Q1 net profit has beat estimates as a Moneycontrol poll pegged its bottom line at Rs 17,166 crore. Total income for the quarter rose 10.31 percent to Rs 1.35 lakh crore from Rs 1.22 lakh crore a year ago. Net interest income stood almost flat at Rs 41,072 crore, down 0.13 percent year-on-year, as the whole-bank net interest margin (NIM) declined 32 basis points to 2.90 percent, while the domestic NIM fell 33 bps to 3.02 percent.

News Source:- https://www.moneycontrol.com/news/business/earnings/sbi-q1-results-net-profit-rises-12-to-rs-19-160-crore-beats-estimates-13422587.html