State Bank of India's board will consider a fundraising plan of up to $2 billion on May 12. The bank will ...More

State Bank of India's board will consider a fundraising plan of up to $2 billion on May 12. The bank will also release its Q4 results today, with analysts expecting muted profit growth due to treasury losses, despite stable loan growth and margins. SBI shares have seen significant gains over the past year. ...Less

Titan Q4 Results: Titan Company reported a robust 35% growth in net profit for Q4FY26, reaching Rs 1,179 ...More

Titan Q4 Results: Titan Company reported a robust 35% growth in net profit for Q4FY26, reaching Rs 1,179 crore, driven by a strong performance in its jewellery segment. The company's total income surged by 46% to Rs 20,300 crore. Titan's Board also recommended a dividend of Rs 15 per equity share. ...Less

SBI's net interest income (NII) in Q1FY24 rose 24.7% YoY to Rs 38,905 crore during the quarter. Its gross ...More

SBI's net interest income (NII) in Q1FY24 rose 24.7% YoY to Rs 38,905 crore during the quarter. Its gross NPA reduced to 2.76% vs 2.78% quarter-on-quarter (QoQ) and 3.9% YoY. ...Less

SBI Q1 Results: The public sector lender reported PAT at Rs 16,884.29 crore in the year-ago period. The S ...More

SBI Q1 Results: The public sector lender reported PAT at Rs 16,884.29 crore in the year-ago period. The Street had estimated PAT at around Rs 16,786 crore. During the reported quarter, the interest earned amounted to Rs 1,11,526 crore, marking a 16% increase compared to the Rs 95,975 crore reported by the lender in the same quarter of the previous financial year. The bank's interest expenditure for the April-June quarter was Rs 70,401 crore, up from Rs 57,041 crore, representing a 23% year-over-year increase. ...Less

SBI Q1 Results: SBI reported 6% YoY growth in interest income to Rs 1,17,996 crore for Q1FY26, while inte ...More

SBI Q1 Results: SBI reported 6% YoY growth in interest income to Rs 1,17,996 crore for Q1FY26, while interest expenses rose 9% to Rs 76,923 crore. Profit growth was attributed to operating efficiency and controlled expenses. Despite weak market sentiment, shares recovered from day’s low post-results, trading over 1% lower on NSE after the announcement during market hours. ...Less

Prabhudas Lilladher said that SBI may report a net profit of Rs 2,937.80 cr in Q1FY20. ...More

Prabhudas Lilladher said that SBI may report a net profit of Rs 2,937.80 cr in Q1FY20. ...Less

Edelweiss Securities sees 11.60 per cent year-on-year increase in net profit in Q1FY18. ...More

Edelweiss Securities sees 11.60 per cent year-on-year increase in net profit in Q1FY18. ...Less

Net interest income (NII) for the quarter rose 12.87 per cent YoY to Rs 31,196 crore compared with Rs 27, ...More

Net interest income (NII) for the quarter rose 12.87 per cent YoY to Rs 31,196 crore compared with Rs 27,638 crore in the corresponding quarter last year. ET NOW poll estimated NII figure at Rs 32,500 crore. ...Less

Nearly 50 companies, including Archean Chemical Industries, Affle, Balu Forge, Clean Science and Technolo ...More

Nearly 50 companies, including Archean Chemical Industries, Affle, Balu Forge, Clean Science and Technology, Gujarat Alkalies & Chemicals, and Krishna Institute of Medical Sciences (KIMS), will announce their December quarter earnings. The market is particularly interested in the results of PSU lender State Bank of India (SBI). ...Less

A fall in asset quality is likely to weigh on SBI, at least in the short term, which will increase provis ...More

A fall in asset quality is likely to weigh on SBI, at least in the short term, which will increase provisions and that may hit the bottomline, analysts warn. ...Less

SBI Q1 Preview: Net profit for the April-June 2024 period may decline 3% year-on-year, according to an av ...More

SBI Q1 Preview: Net profit for the April-June 2024 period may decline 3% year-on-year, according to an average estimate of six brokerages. Net interest income for the same period, meanwhile, is seen rising around 10% year-on-year. ...Less

Shares of SBI rose as much as 2.1% before giving up most of their early gains in a choppy trade. The stoc ...More

Shares of SBI rose as much as 2.1% before giving up most of their early gains in a choppy trade. The stock eventually closed at ₹575.65 apiece on the NSE, up 0.25% from the previous close. ...Less

State Bank of India, India's largest public sector bank, is expected to report a slight decrease in profi ...More

State Bank of India, India's largest public sector bank, is expected to report a slight decrease in profits for the first quarter of 2024 due to increased provisions, despite a projected 10% growth in net interest income. ...Less

SBI’s Q1 FY26 results are expected to show moderate bottom-line growth amid contracting NIMs, higher prov ...More

SBI’s Q1 FY26 results are expected to show moderate bottom-line growth amid contracting NIMs, higher provisions, and tepid loan growth. Analysts flag margin trends, credit costs, and asset quality as key metrics to track. PAT is estimated between Rs 16,530–19,576 crore. ...Less

Long-term investors can consider buying the stock now or on dips for a possible target of over Rs 600-650 ...More

Long-term investors can consider buying the stock now or on dips for a possible target of over Rs 600-650 in the next 12 months which translates into an upside of over 13-22 per cent from Rs 530 recorded on 5 August, suggested experts. ...Less

PG Electroplast shares fell 23% after Q1 net profit dropped 20% YoY and 54% QoQ to ₹67 crore. Despite 14% ...More

PG Electroplast shares fell 23% after Q1 net profit dropped 20% YoY and 54% QoQ to ₹67 crore. Despite 14% YoY revenue growth, early monsoon hit seasonal AC sales. Management stays optimistic on long-term outlook. ...Less

SBI has guided for a shortfall of Rs 10,000 crore towards the new wage agreement, which will be spread ov ...More

SBI has guided for a shortfall of Rs 10,000 crore towards the new wage agreement, which will be spread over two quarters of H2FY24. In the second quarter, SBI had a one-off wage provision of Rs 3400 crore. ...Less

State Bank of India, incorporated in the year 1955, is a banking company (having a market cap of Rs 18473 ...More

State Bank of India, incorporated in the year 1955, is a banking company (having a market cap of Rs 184739.46 Crore). ...Less

SBI Q2 Preview: Net profit for the second quarter is seen growing by a marginal 2% year-on-year (YoY), ac ...More

SBI Q2 Preview: Net profit for the second quarter is seen growing by a marginal 2% year-on-year (YoY), according to the average estimate of four brokerages. Net interest income (NII) in the same period is expected to grow 10% YoY. Analysts also expect operating profit growth to be flat YoY, again due to higher operating expenses and NIM pressure in the September quarter. ...Less

State Bank of India will be in focus after announcing plans to raise up to $3 billion in FY26 via public ...More

State Bank of India will be in focus after announcing plans to raise up to $3 billion in FY26 via public or private placement of foreign currency bonds. Meanwhile, the lender reported a 10% YoY drop in Q4 standalone profit at Rs 18,643 crore, though FY25 full-year profit rose 16%. Analysts maintain a ‘Buy’ rating with a Rs 930 target. ...Less

State Bank of India rose as much as 9.1% in the afternoon trade on Friday after the largest public sector ...More

State Bank of India rose as much as 9.1% in the afternoon trade on Friday after the largest public sector bank reported results for the quarter ended June 30. ...Less

Over 150 companies, including major players like SBI, LIC, Tata Motors, and Vedanta, are set to release t ...More

Over 150 companies, including major players like SBI, LIC, Tata Motors, and Vedanta, are set to release their July-September 2024 quarter results today. SBI is predicted to show single-digit growth in net interest income, while Tata Motors is expected to see a 30% rise in net profit despite muted revenue growth. ...Less

Analysts anticipate a relatively stable net interest income (NII) growth or potentially a slight decrease ...More

Analysts anticipate a relatively stable net interest income (NII) growth or potentially a slight decrease of up to 1% year-on-year, attributed to increased operating expenses and normalization of net interest margins (NIM). ...Less

Garden Reach Shipbuilders & Engineers (GRSE) reported a strong first quarter for FY26, with a 37.8% YoY i ...More

Garden Reach Shipbuilders & Engineers (GRSE) reported a strong first quarter for FY26, with a 37.8% YoY increase in profit after tax, reaching Rs 120.17 crore. Revenue from operations also saw a significant rise of 29.7% YoY, totaling Rs 1,309.87 crore. The company's earnings per share improved to Rs 10.49, reflecting overall positive financial performance. ...Less

Foreign Institutional Investors (FIIs) have shifted from being net sellers to net buyers in Indian equiti ...More

Foreign Institutional Investors (FIIs) have shifted from being net sellers to net buyers in Indian equities, purchasing ₹40,145 crores in the last 12 trading days. This reversal is attributed to President Trump's tariff pause and a weakening US dollar, which boosted emerging markets like India. However, modest earnings growth of around 5% in FY25 may constrain future FII inflows. ...Less

SBI is expected to declare its first quarter earnings on Friday, August 4. The net interest income (NII) ...More

SBI is expected to declare its first quarter earnings on Friday, August 4. The net interest income (NII) for the quarter is estimated to rise 30% year-on-year, according to an average estimate of five analysts. Meanwhile, the net profit and operating profit are seen more than doubling from a year-ago period, an average estimate of four analysts showed. ...Less

Analysts in an ETNow poll had projected a profit of Rs 3,200 crore. ...More

Analysts in an ETNow poll had projected a profit of Rs 3,200 crore. ...Less

Net interest income is likely to grow around 6% year-on-year (YoY) in the December quarter, according to ...More

Net interest income is likely to grow around 6% year-on-year (YoY) in the December quarter, according to an average estimate of five brokerages. Net profit for the same period is seen declining 12% YoY. ...Less

The positivity induced by the government's capex plan is fuelling the latest leg of the rally. ...More

The positivity induced by the government's capex plan is fuelling the latest leg of the rally. ...Less

SBI Chairman Dinesh Kumar Khara retires, leaving behind a goal of Rs 1 trillion annual profit for his suc ...More

SBI Chairman Dinesh Kumar Khara retires, leaving behind a goal of Rs 1 trillion annual profit for his successor. During his tenure, SBI's profit rose significantly, deposits grew, and non-performing assets decreased. Khara, who took over during the Covid crisis, leaves a legacy of remarkable financial growth and stock performance. ...Less

InterGlobe Aviation, operator of IndiGo, is expected to report a mixed Q2 performance as seasonal softnes ...More

InterGlobe Aviation, operator of IndiGo, is expected to report a mixed Q2 performance as seasonal softness impacts profitability. Brokerages estimate revenue between Rs 17,646–19,148 crore, with divergent profit views ranging from losses to moderate gains, driven by stable demand and expanding global routes. ...Less

Analysts in an ET NOW poll had estimated a loss of Rs 704 crore. ...More

Analysts in an ET NOW poll had estimated a loss of Rs 704 crore. ...Less

The sentiments were also upbeat ahead of the RBI policy meet outcome scheduled later in the day. ...More

The sentiments were also upbeat ahead of the RBI policy meet outcome scheduled later in the day. ...Less

State Bank of India (SBI) is expected to report high single-digit growth in net interest income (NII) for ...More

State Bank of India (SBI) is expected to report high single-digit growth in net interest income (NII) for Q3 FY25, driven by strong loan growth. Estimated topline is between Rs 42,290 crore and Rs 42,845 crore, with net profit potentially rising 61%-89%. Provisions may increase YoY, while NIMs could dip. Earnings will be announced on February 6, 2025. ...Less

SBI, which is expected to complete the process by March 2017, is expected to bear Rs 3,500 crore on accou ...More

SBI, which is expected to complete the process by March 2017, is expected to bear Rs 3,500 crore on account of harmonisation of employee pension plans. ...Less