SBI reports 6% profit rise but shares drop 7%
after close1 source ↓written by the desknot a recommendation
- SBI reported
- 6% rise in net profit
- for Q4 FY26
- ₹19,684 cr
- income fell
- ₹1,40,412 cr
- year-on-year
- ₹1,43,876 cr
- shares tumbled
- 7%
State Bank of India (SBI) reported a 6% rise in net profit to ₹19,684 cr for Q4 FY26, driven by improved asset quality and lower bad loans. However, total income fell to ₹1,40,412 cr from ₹1,43,876 cr year-on-year. Despite the profit increase, shares tumbled 7%, reflecting market concerns over declining income.
Not investment advice. For informational purposes only.