State Bank of India: record Q2 FY27 profit and two-decade-low NPA ratio
FROM THE WIRE · FINANCE.YAHOO.COM
This article first appeared on GuruFocus. Net Profit: INR23,038 crores for Q2 FY27. Operating Profit: INR34,226 crores, up 7.8% year-on-year. Domestic Net Interest Margin: Improved to 3.1% for the quarter. Return on Assets: 1.14% for the half year. Return on Equity: 18.8% for…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishSolid results from a major Indian bank, with improving asset quality.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Net profit for Q2 FY27 was INR 23,038 crore.
- 02The gross NPA ratio fell to 1.39%, the lowest in more than two decades.
- 03The capital adequacy ratio rose to 16.09%.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets