SBI Q4 profit zooms 41% to ₹9,113.5 cr; declares ₹7.10 dividend per share
Fri, May 13, 2022 3:05 PM

SBI Q4 profit zooms 41% to ₹9,113.5 cr; declares ₹7.10 dividend per share

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SBI posted a 41% growth in its Q4FY22 net profit at ₹9,113.5 cr from ₹6,450.7 cr in the year-ago quarter. Though the Q4FY22 profit was the highest ever, it missed analysts' estimates as bad loan provisions rose sequentially. The state-owned lender's net interest income surged by 15% YoY to ₹31,198 cr during Q4FY22 from ₹27,067 cr. The board has declared a dividend of ₹7.10 per equity share.

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