SBI Q4 result preview: Profit growth may be muted; slippages to be watched

While analysts believe there may not be significant slippage, the classification of loans extended to Jet Airways and beleaguered infrastructure developer, IL&FS, will be keenly watched

State-owned State Bank of India (SBI) is scheduled to announce its March quarter results for 2018-19 on Friday midst expectations of flat growth in profit and a single-digit growth in net interest income (NII).

According to sector analysts, SBI is expected to post a net profit of around Rs 3,900 crore, up 0.3 per cent on a sequential basis.

Analysts at HDFC Securities, for instance, peg the net profit for the recently concluded quarter at Rs 3,970 crore on the back of a reduced loan loss provision (LLP), while those at Elara Capital remain optimistic and see the profit after