State Bank of India (SBI) Q1 results: Net profit jumps 10% to ₹21,121 crore

$SBIN reported a net profit of ₹21,121 crore in the first quarter of current financial year, marking an increase of 10% from ₹19,160 crore in the same period last year. The bank's net interest income (NII) or the difference between interest earned on loans and expended on deposits rose 12% to ₹46,992 crore in April-June period compared with ₹41,907 crore in the year-ago period. Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations.