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Another Bank, another result🚨
SBI Bank's Q4FY23 results are in!
Standalone Net Profit of Rs 16,695 crores beats estimates. 🤑
A detailed thread🧵⤵️
#Q4FY23 #StockMarketindia #SBIQ4results
SBI Bank's Q4FY23 results are in!
Standalone Net Profit of Rs 16,695 crores beats estimates. 🤑
A detailed thread🧵⤵️
#Q4FY23 #StockMarketindia #SBIQ4results
SBI Bank has achieved a remarkable whopping 83% growth in standalone net profit, rising from Rs 9,113 cr YoY to Rs 16,695 cr in Q4.
Similarly, operating profit rose 25% YoY to Rs 24,621 cr
Similarly, operating profit rose 25% YoY to Rs 24,621 cr
During Q4FY23, Net Interest Income(NII) grew by 29% YoY, from Rs 31,198 cr to Rs 40,393 cr
Additionally, Net Interest Margin(NIM) during the quarter increased 44 basis points YoY to 3.84%
Additionally, Net Interest Margin(NIM) during the quarter increased 44 basis points YoY to 3.84%
