India, April 29 -- Spanish financial services major Banco Santander S.A. (BNC.L,BSBR,SAN) reported Wednesday higher profit in its first quarter with a sindificant disposal gain and growth in total income. Further, the bank reaffirmed its fiscal 2026 targets.

In the first quarter, profit attributable to the parent surged 60.3 percent to 5.46 billion euros from last year's 3.40 billion euros. Earnings per share were 0.36 euro, up 69.3 percent from 0.21 euro a year ago.

The latest results were benefited by a 1.9 billion euros net capital gain from the Poland disposal.

Underlying profit attributable to the parent was 3.56 billion euros, up 12.5 percent from 3.17 billion euros last year. Underlying earnings per share were 0.23 euro, higher th...