SBI reported a 35% decrease in net profit during the Oct-Dec quarter of FY 2023-24, with a one-time exceptional item of Rs 7,100 crore. Net interest income stood at Rs 39,815 crore, lower than estimated. Gross NPA dropped to 2.42%, while advances grew by 14.38% and deposits showed a 13% increase. Retail personal advances and home loans also saw growth.