SBI Q4 profit surges 83% to ₹16,695 crore
SBI's net interest income for Q4 FY23 increased 29.47% YoY to ₹40,393 cr from ₹31,198 cr in year-ago period
SBI's net interest income for Q4 FY23 increased 29.47% YoY to ₹40,393 cr from ₹31,198 cr in year-ago period
Post Q4 results, most analysts have maintained a 'buy' rating on SBI shares, with a potential upside of 51% from current market price.
Post Q4 results, SBI share price plunged 7.75% from the day’s high as top and bottom line growth failed to meet market estimates.
The bank's net interest income (NII) jumped 15% year-on-year to ₹31,198 crore in Q4.