The Hindu·3 min read·hard

SBI Q1 profit rises 14% to ₹24,113 crore on better core income, lower provisions

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PTI
SBI Q1 profit rises 14% to ₹24,113 crore on better core income, lower provisions
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State Bank of India (SBI) reported a 13.73% increase in consolidated net profit for the June quarter, driven by improved core income and reduced provisions. The bank aims for 14-15% credit growth in the upcoming fiscal year.

State Bank of India on Friday (August 7, 2026) reported a 13.73% increase in its June quarter consolidated net profit at ₹24,113 crore as core income improved and provisions declined.

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