SBI Q1 Results: Standalone Profit Rises 10% YoY to Rs 21,121 Crore, Beats Market Estimates
State Bank of India (SBI) has reported a 10% year-over-year increase in standalone profit to Rs 21,121 crore for the first quarter, beating market estimates. The bank’s net interest income rose 15% YoY to Rs 46,992 crore, and domestic net interest margin improved 7 basis points from Q4FY26 to 3%. Total business crossed Rs 110 trillion during the quarter.
