The country’s largest lender – State Bank of India -- emerged as the most profitable firm after Reliance Industries in FY23, as the lender clocked 41% compounded growth in earnings over the last 3 years.
SBI reported a 57% year on year rise in net profit for the fiscal 2022-2023, aided by higher net interest income & lower provisions. Here’s a look at the top 10 most profitable companies in FY23 as per Bloomberg.
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SBI
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