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Shares fell more than 1% to 457 on the BSE as the stock went ex-dividend in Wednesday's trades, a day before the dividend's record date. SBI's board declared a dividend of 7.10 per equity share (710 percent) for the fiscal year ended March 31, 2022, while announcing its Q4FY22 results.
Net interest margin (NIM) improved to 2.42 per cent as against 2.36 per cent. Net interest income (NII) was boosted by 14 per cent to Rs 1,455 crore, as against Rs 1,281 crore for the same period in the previous year.
Consolidated revenue reached Rs 4,185 crore with a growth of 0.3 per cent QoQ and a fell to 0.9 per cent YoY.
During October-December, India’s sugar exports advanced 4 times to 17 lakh tonnes. This jump has been documented due to the increase in demand from abroad.
Revenue dwindled 4.86 per cent during the quarter to Rs 1,215.21 crore compared to Rs 1,277.48 crore in the same quarter of 2020-21
Tata Steel Limited, with revenues of US$ 22.67 billion in FY 2019, is a leading global steel company with an annual steel production capacity of 33 MnTPA.
National Stock Exchange (NSE) in a circular had announced that it will add ten new individual securities for trading in the F&O segment.
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