SBI Q4 profit may rise over 60% YoY but NIM could contract mildly: Analysts

SBI Q4 Preview: The increase in net profit would be aided by up to 19 per cent YoY/5 per cent QoQ growth in net interest income (NII) at Rs 32,100 crore

SBI Q4 Preview: Government-owned State Bank of India (SBI) could report around 66 per cent year-on-year (YoY) growth in its net profit for January to March quarter of FY22 (Q4FY22), analysts said. This, they added, would be on the back of a healthy improvement in net interest income (NII) and a strong credit book expansion. SBI is slated to report its Q4 result on Friday, May 13.
 

According to brokerage estimates, SBI’s Q4 net profit could rise in the range of 63-72 per cent YoY to come in between Rs 10,493 crore and Rs 11,056.7 crore. SBI’s profit was Rs