SBI reported a standalone net profit of Rs 21,121 crore in the first quarter of FY27, registering a growth of 10.2% from Rs 19,160 crore in the year-ago period.
Set as Trusted Source
on Google Search
'Search' - 1,000 News Result(s)
SBI reported a standalone net profit of Rs 21,121 crore in the first quarter of FY27, registering a growth of 10.2% from Rs 19,160 crore in the year-ago period.
SBI reported a better-than-expected Q1, with net profit rising 10.2% to Rs 21,121 crore as NII beat estimates and asset quality improved.
The CBI has alleged that the motive behind the leak was financial gain, with the accused allegedly working to help select candidates gain an unfair advantage in the examination.
At the operating level, EBITDA declined 36% YoY to Rs 258 crore from Rs 403 crore, while EBITDA margin contracted to 6.5% from 10.4% in Q1FY26.
Bajaj Finance has the highest exposure to revolving credit at 15% of AUM, while Cholamandalam has the least at under 1%, IIFL said.
Banks can restrict devices financed through loans only after accounts turn 30 days overdue; wrongful locking or delayed restoration can attract compensation of Rs 250 per hour.
Nifty IT rose 0.76%, while Nifty Auto, Defence and FMCG gained between 0.35% and 0.50%. Nifty Energy fell 0.70%, followed by PSU Bank at 0.44% and Bank at 0.31%. Nifty Media, Rural and Pharma also traded lower.
Sebi's remarks come just days after the new CAS framework was implemented in the domestic equity market. Since its rollout, the mechanism has led to sharp price movements in the final minutes of trading.
Shadowfax is gaining share in express logistics while quick commerce, D2C deliveries and new services add growth engines. Rising profits strengthen the case, but its premium valuation raises the bar.
Q1 Results Today Live Updates: SBI, BEML, Titan, PFC, Ola Electric Mobility, Hindalco Industries among 200+ companies that will announce Q1 FY27 earnings on Aug. 6. Track every update live.