India's SBI Hits Record High on Quarterly Profit Beat

India's SBI hits record high on quarterly profit beat

SBI’s robust Q3 numbers mask non-core profit boost

Profit after tax rose 24.5% year-on-year to ₹21,030 crore in Q3, but a meaningful chunk of this was from a special dividend of ₹2,200 crore from SBI Mutual Fund, and ₹770 crore of interest on income tax refunds.

SBI share price: Stock gains over 6% as PSU bank reports highest ever quarterly net profit

Shares of state-owned State Bank of India (SBI) are in action today as the lender has reported an all-time high profit of Rs 21,028 crore on a standalone basis in the quarter ending December 31 of FY26. This is a 24.49 per cent growth on a year-on-year (YoY) basis. On a consolidated basis, the state-owned lender reported a 13.06 per cent increase in profit at Rs 21,317 crore, as per a regulatory filing. The operating profit for Q3FY26 was up by …

SBI share hits record high as Q3 FY26 net profit up 24% to Rs 21,028 cr

New Delhi: The shares of State Bank of India (SBI) recorded a strong jump on Monday, February 9. After recording its highest-ever quarterly profit in Q3 FY26, the stock India’s largest public sector bank soared over 6 per cent to a record high of Rs 1,137. The company’s stock had been at a 52-week low of Rs 679.65 in March 2025. Since then, the banking counter appreciated more than 65%. SBI details on BSE as of 9 February Previous Close: 1066.40…

SBI share price target goes up to Rs 1,300. What Jefferies, Morgan Stanley, BofA, other brokerages predict

Menu Account Indian Stocks Algo Trading Stock Portfolio (PMS) Commodity Forex Unlisted Shares Physical to Demat Mutual Fund USA Stocks ₿ Crypto Bonds Fixed Deposit Real Estate Training Videos Equity Training Upstox Demo Intraday Demo MF Demo Shares of India’s largest lender, State Bank of India (SBI), rocketed 7% to the day’s high of Rs 1,136.85 on BSE Monday as Wall Street heavyweights and domestic brokerages raced to raise pr…

SBI Share Price Today: Stock Hits Record High After Strong Q3 Results - Business Connect Magazine

For the third quarter of FY26, State Bank of India recorded a record standalone quarterly profit of ₹21,028 crore, a 24.5% rise over the previous year. Strong core revenue, better asset quality, and a special dividend from its asset management division as it gets ready for an IPO were the main drivers of the growth. [...] The post SBI Share Price Today: Stock Hits Record High After Strong Q3 Results appeared first on Business Connect Magazine.