Bank Results
SBI Business crossed Rs 110 Trillion, Net profit Rs 21,121 crore; Check SBI Q1FY27 Results Highlights
Connect with Us
State Bank of India (SBI) has announced its financial results for the quarter ended June 30, 2026 (Q1FY27). SBI has reported a net profit of ₹21,121 crore during Q1FY27. SBI’s overall business crossed ₹110 trillion during the quarter. Deposits crossed ₹60 trillion, while advances crossed ₹50 trillion.
SBI Q1FY27 Results Highlights
Business
Advertisement
- Business crossed ₹110 Trillion.
- Deposits & Advances crossed ₹60 Trillion & ₹50 Trillion respectively.
Profitability
- Net Profit for Q1FY27 stands at ₹21,121 crores witnessing a growth of 10.23% YoY.
- Operating Profit for Q1FY27 grew by 9.77% YoY to ₹33,529 crores.
- Bank’s ROA and ROE for Q1FY27 stand at 1.11% and 17.87% respectively.
- Net Interest Income (NII) for Q1FY27 increased by 14.88% YoY.
- Domestic NIM at 3.00% in Q1FY27, improved by 7 bps over Q4FY26.
- Whole Bank NIM at 2.86% in Q1FY27, improved by 5 bps over Q4FY26.
Balance Sheet
Advertisement
- Whole Bank Advances growth at 18.63% YoY with Domestic Advances growth at 18.15% YoY.
- Foreign Offices’ Advances grew by 21.38% YoY in rupee terms and 9.97% in dollar terms.
- RAM Advances grew by 18.20% YoY, with double digit growth in all segments. Agri Advances grew by 25.43% followed by SME Advances growth of 22.33% and Retail Personal Advances growth of 15.15%.
- Corporate Advances registered YoY growth of 18.05%.
- Whole Bank Deposits grew by 9.73% YoY. CASA Deposits grew by 9.30% YoY. CASA Ratio stands at 39.24% as on 30th June 2026. Retail Term Deposits registered YoY growth of 14.39%.
Asset Quality
- Gross NPA Ratio at 1.47% improved by 36 bps YoY.
- Net NPA Ratio at 0.38% improved by 9 bps YoY.
- Provision Coverage Ratio (PCR) stands at 74.20% while PCR (incl. AUCA) stands at 91.82%.
- Slippage Ratio for Q1FY27 improved by 18 bps YoY and stands at 0.57%.
- Credit Cost for Q1FY27 stands at 0.27%.
Capital Adequacy
- Capital to Risk Weighted Assets Ratio (CRAR) as at the end of Q1FY27 stands at 15.67%.
Alternate Channels
- More than 64% of SB accounts opened digitally through YONO in Q1FY27.
- Share of Alternate Channels in total transactions increased from ~98.6% in Q1FY26 to ~98.8% in Q1FY27.
Click here to download SBI financials pdf and check net profit all banks
Advertisement
Key Summary of Q1FY27 Results (₹ in Crores)
| Profit & Loss | Q1FY26 | Q4FY26 | Q1FY27 | YoY % | QoQ % |
|---|---|---|---|---|---|
| Interest Income | 1,17,830 | 1,23,098 | 1,27,896 | 8.54 | 3.90 |
| Interest Expenses | 76,923 | 78,718 | 80,904 | 5.17 | 2.78 |
| Net Interest Income | 40,907 | 44,380 | 46,992 | 14.88 | 5.89 |
| NIM, % (Domestic) | 3.01 | 2.93 | 3.00 | -1 bp | 7 bps |
| Operating Profit | 30,544 | 27,704 | 33,529 | 9.77 | 21.03 |
| Loan loss provisions | 4,934 | 3,140 | 3,359 | -31.92 | 6.96 |
| Profit after tax | 19,160 | 19,684 | 21,121 | 10.23 | 7.30 |
Balance Sheet – ₹ in Crores
| Particulars | Jun 25 | Mar 26 | Jun 26 | YoY % | QoQ % |
|---|---|---|---|---|---|
| Gross advances | 42,54,516 | 49,32,627 | 50,47,222 | 18.63 | 2.32 |
| Domestic Corporate | 12,03,430 | 14,24,589 | 14,20,652 | 18.05 | -0.28 |
| Domestic Retail Personal | 15,39,878 | 17,35,778 | 17,73,147 | 15.15 | 2.15 |
| Of which: Home loans | 8,50,856 | 9,44,210 | 9,59,369 | 12.75 | 1.61 |
| Deposits | 54,73,254 | 59,75,642 | 60,05,805 | 9.73 | 0.50 |
| Domestic CASA | 20,68,527 | 22,62,011 | 22,60,926 | 9.30 | -0.05 |
| Domestic Term Deposits | 31,86,346 | 34,70,949 | 35,00,427 | 9.86 | 0.85 |
| CASA Ratio (%) | 39.36 | 39.46 | 39.24 | -12 bps | -22 bps |
| GNPA | 78,040 | 73,452 | 74,272 | -4.83 | 1.12 |
| NNPA | 19,908 | 18,830 | 19,158 | -3.77 | 1.74 |
Asset Quality
| Ratios (%) | Q1FY26 | Q4FY26 | Q1FY27 | YoY, bps | QoQ, bps |
|---|---|---|---|---|---|
| GNPA | 1.83 | 1.49 | 1.47 | -36 | -2 |
| NNPA | 0.47 | 0.39 | 0.38 | -9 | -1 |
| PCR (with AUCA) | 91.71 | 91.97 | 91.82 | 11 | -15 |
| PCR (without AUCA) | 74.49 | 74.36 | 74.20 | -29 | -16 |
| Slippage Ratio | 0.75 | 0.47 | 0.57 | -18 | 10 |
| Credit Cost | 0.47 | 0.27 | 0.27 | -20 | 0 |
Capital Ratios
| Particulars | Q1FY26 | Q4FY26 | Q1FY27 | YoY, bps | QoQ, bps |
|---|---|---|---|---|---|
| CET-1 ratio | 11.10 | 12.29 | 12.89 | 179 | 60 |
| Tier-1 ratio | 12.45 | 13.33 | 13.90 | 145 | 57 |
| CRAR | 14.63 | 15.40 | 15.67 | 104 | 27 |
Click here to download SBI financials pdf and check net profit all banks
Advertisement
Advertisement
