05-August-2026
Corporate News
 
SBI Funds reports a 39% rise in net profit in Q1FY27
04-Aug-2026

Recently listed SBI Funds reported a 39% rise in its net profit in Q1FY27. The fund house saw its consolidated net profit rise from about Rs 634 crore to Rs 880 crore on a quarter-on-quarter basis. Majority of this rise was due to a rise in other income by Rs 283 crore.

News Source:- https://www.financialexpress.com/business/industry-sbi-funds-reports-a-39-rise-in-net-profit-in-q1fy27-4309693/