#bank-earnings

SBI earned ₹23,038 crore in a quarter and its shares still fell 1.77%

State Bank of India reported a 14 per cent rise in standalone net profit to ₹23,038 crore for the September quarter, ahead of the ₹22,619 crore analyst consensus, on 18 per cent loan growth. The stock fell 1.77 per cent to ₹970.25 as analysts flagged one-off gains. The NSE separately posted a 23 per cent jump in profit to ₹2,578 crore.