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New Delhi: The shares of State Bank of India (SBI) are trending today, Friday, August 8, as the company announced their quarterly results for the April-June quarter for FY26. At the time of writing this article, SBI shares were trading at Rs 801.50 apiece on the Bombay Stock Exchange (BSE), going down around 1 percent in a single trading session on Friday. As per its regulatory filing, SBI reported a 12 percent surge in profit to Rs 19160 crore in the April-June quarter of the current financial year, FY26.
SBI has reported a 12 percent increase in its net profit to Rs 19160 crore in the April-June quarter of the current financial year, FY26. The country's biggest public sector lender minted a net profit of Rs 17035 crore in the corresponding quarter of the previous fiscal year.
The total income of the April-June quarter of the state-owned bank rose to Rs 135,342 crore. (Rs 1.35 lakh crore), whereas the total income for the same quarter in the year-ago period was Rs 122688 crore, said the bank in its exchange filing.
On the NPA (Non-Performing Assets) front, the bank said it has improved its asset quality, with NPA declining to 1.83 percent of the total advances (loan) made by the bank in the said quarter, going down from the 2.21 percent the bank scripted in the year-ago period.
The company shares have given a negative return of about 1.5 percent in the last one month, and 0.77 percent in the last one year as per the information obtained from the BSE. The 52-week high of the stock is Rs 875.50 apiece, whereas the 52-week low of the stock is Rs 679.65. The price-to-earnings (P/E) ratio of the stock is 9.22. The market capitalisation (M-Cap) of the bank stood at Rs 715000 crore (Rs 7.15 lakh crore) as of August 8.
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