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This is an entirely free service. No payments are to be made.State Bank of India (SBI) declared its results for the first quarter of the financial year 2015-16 (1QFY17). The net interest income for the quarter grew by 4.2% YoY and the profit was down by 31.7% YoY. Here is our analysis of the results.
Rs (m) | 1QFY16 | 1QFY17 | Change |
---|---|---|---|
Interest income | 396,430 | 415,940 | 4.9% |
Interest expense | 259,110 | 272,810 | 5.3% |
Net Interest Income | 137,320 | 143,130 | 4.2% |
Net interest margin (%) | 2.99% | 2.83% | |
Other Income | 50,880 | 73,350 | 44.2% |
Other Expense | 96,180 | 105,940 | 10.1% |
Provisions and contingencies | 40,000 | 74,130 | 85.3% |
Profit before tax | 52,020 | 36,410 | -30.0% |
Tax | 15,100 | 11,200 | -25.8% |
Profit after tax/ (loss) | 36,920 | 25,210 | -31.7% |
Net profit margin (%) | 9.3% | 6.1% | |
No. of shares (m) | 7762.8 | ||
Book value per share (Rs)* | 180.2 | ||
P/BV (x) | 1.42 |
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DISCLOSURES UNDER SEBI (RESEARCH ANALYSTS) REGULATIONS, 2014
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