SBI Q2 Results: State Bank of India (SBI), the country’s largest public sector bank, on Tuesday announced financial results for the second quarter (July-September) of the financial year 2026-27. The bank has performed strongly on the earnings front this quarter. SBI’s standalone net profit in the September quarter rose 14.28 percent over last year. In the same quarter last fiscal, the bank posted Rs. 20,159.67 crore net profit, which has now increased to Rs. 23,037.95 crores.
As interest income increased, operating profit also increased
The bank’s core income i.e. Net Interest Income (NII) also saw strong growth during the quarter. The bank’s net interest income has increased by 14.69 percent to Rs 49,142.85 crore year-on-year. The figure was Rs 42,847 crore in the same quarter a year ago.
As per an exchange filing, SBI’s operating profit for the quarter under review was Rs. 34,226 crore, showing an increase of 7.28 percent year-on-year. In the first half of the current financial year, the bank’s return on assets (ROA) stood at 1.14 percent, while return on equity (ROE) was recorded at 18.68 percent.
Bad debt reduced, asset quality strengthened
State Bank’s asset quality has improved on a quarterly basis. On a year-on-year basis, the bank’s gross non-performing asset (GNPA) ratio improved by 34 basis points to 1.39 percent. Similarly, the Net NPA (NNPA) ratio has also declined by 6 basis points to 0.36 percent annually.
The position of the bank is also strong on the risk management front. In the second quarter, SBI’s provision coverage ratio (PCR) stood at 74.43 percent, while credit cost was just 0.22 percent. At the end of the September quarter, the bank’s capital to risk-weighted asset ratio (CRAR) stood at 16.09 percent.
Business Rs. 115 lakh crore, the speed of loan disbursement increased
The balance sheet figures of SBI show that the total business of the bank is approximately Rs. 115 trillion (lakh crore) has reached the level. Total deposits in the bank Rs. 63 trillion, while the total loan (advance) disbursed is Rs. 52 trillion has been reached.
Total loans disbursed by the bank increased by 17.84 percent year-on-year. In which there has been an increase of 16.94 percent in loans given at the local level. The special thing is that the loans given by the bank’s foreign offices have increased by 22.86 percent in rupee terms (13.84 percent in dollar terms). Along with retail, agriculture, loans to the MSME (RAM) segment grew by 17.34 percent year-on-year. All its segments have seen double digit growth. At the same time, corporate debt increased by 16.12 percent annually.
Talking about the deposit account, the deposits of the entire bank have increased by 12.27 percent year-on-year. Apart from current account, savings account (CASA) deposits increased by 8.13 percent. Bank’s CASA ratio till September 2026 has been 38.32 percent. Apart from this, a strong growth of 16.74 percent has been recorded in retail term deposits.
How was SBI in the stock market after the results?
After announcing strong quarterly results, SBI’s shares on the National Stock Exchange (NSE) did not see much of a jump. After the results, the stock traded marginally higher by 0.05 percent at Rs. It was trading flat at 987.50. It rose marginally till 2:14 pm, after which it rose 0.37 percent to Rs. It was seen trading at 990.90. After this, the stock was under selling pressure in the intra-day trade, due to which the price fell by Rs 18.65, or 1.89 per cent, to Rs 968.35.
Currently the total market capitalization of SBI is Rs. 9,13,338.22 crores. This share on February 24, 2026 at Rs. 1,234.70 touched a 52-week high, while on May 18, 2026 it fell to Rs. 933.90 touched a yearly low. The stock has gained 4.68 percent in the last one week. It has returned 3.68 percent in one month, while it has recorded a marginal gain of 0.46 percent year-to-date.
