SBI Q4 Results LIVE Updates: Stock extends losses after core income miss; FY27 guidance key

SBI Q4 Results LIVE Updates:

India's largest lender, State Bank of India reported results for the March quarter that were mixed when compared to analyst expectations. Net Interest Income or core income earned by the lender missed street expectations, while net profit as marginally higher compared to street estimates. Asset quality remained largely stable. Provisions declined compared to the previous quarter. Pre-provisioning operating profit is down 16% from the previous quarter. The street will await commentary from the management on the loan growth and deposit growth guidance and more granular details on the numbers. Commentary on margins and slippages is still awaited. The stock has dropped as much as 5% after the results were declared. Commentary on the FY27 guidance is also awaited by the street. Watch this space for all the LIVE earnings updates and management commentary.