SBI Shares Rise Nearly 2% After Q1 Beat; Brokerages Offer Outlook

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Banking

10 August 2026 at 12:16 pm

SBI Shares Rise Nearly 2% After Q1 Beat; Brokerages Offer Outlook

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Summary

SBI shares rose nearly 2% after the bank reported a 10% year-on-year increase in Q1 FY27 standalone net profit to Rs 21,121 crore, surpassing Street estimates. Net interest income grew by 15%, and domestic Net Interest Margin (NIM) improved to 3%.

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