Market News
2 min read | Updated on August 05, 2024, 08:18 IST
SUMMARY
Q1 results today: Tata Chemicals, Paras Defence and Space Technologies, Brigade Enterprises, Deepak Nitrite, Devyani International, Hawkins Cookers, Reliance Home Finance, TajGVK Hotels and Tribhovandas Bhimji Zaveri will also announce their Q1 results today.
Q1 FY25 results on August 5, 2024.
On Saturday, the State Bank of India (SBI) reported a 4.2% year-on-year (YoY) rise in its consolidated net profit in the latest June quarter, which stood at ₹19,325 crore. On a standalone basis, the net profit grew 0.89% YoY during the quarter, standing at ₹17,035 crore.
Core net interest income surged 5.71% YoY to ₹41,125 crore, driven by 15% advances growth and a narrowing domestic net interest margin of 0.12% to 3.35%.
Other income fell to ₹11,162 crore in the April-June quarter from ₹12,063 crore recorded a year earlier.
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