SBI Q2FY26 Financial Results Declared, Rs.20,160 Crore Net Profit!! [Download Results PDF]

Hellobanker Team

November 4, 2025

The largest public sector bank in India – State Bank of India (SBI) has declared financial results for second quarter (September 2025) of FY 2025-26. Check important points given below and download results pdf.

Business

Business crossed ₹100 Trillion
RAM Portfolio crossed ₹25 Trillion

Profitability

Net Profit for Q2FY26 stands at ₹20,160 crores witnessing a growth of 9.97% YoY.
Operating Profit for Q2FY26 up by 8.91% YoY to ₹31,904 crores.
Bank’s ROA and ROE for the half year stand at 1.15% and 20.21% respectively
Net Interest Income (NII) for Q2FY26 increased by 3.28% YoY.
Whole Bank and Domestic NIM for the half year stand at 2.93% and 3.05% respectively.
Whole Bank NIM for Q2FY26 is at 2.97% and Domestic NIM is at 3.09%.

Balance Sheet

Whole Bank Advances growth at 12.73% YoY with Domestic Advances growth at 12.32% YoY.
Foreign Offices’ Advances grew by 15.04% YoY.
Retail Advances grew by 15.09% YoY, led by SME Advances growth at 18.78% YoY followed by Agri Advances growth at 14.23% YoY and Retail Personal Advances growth at 14.09%.
Corporate Advances registered YoY growth of 7.10%.
Whole Bank Deposits grew by 9.27% YoY. CASA Deposit grew by 8.06% YoY. CASA ratio stands at 39.63% as on 30th September 25.

Asset Quality

Gross NPA ratio at 1.73% improved by 40 bps YoY.
Net NPA ratio at 0.42% improved by 11 bps YoY.
Provision Coverage Ratio (PCR) improved by 13 pbs YoY and stands at 75.79% while PCR (incl. AUCA) improved by 8 bps and stands at 92.29%.
Slippage Ratio for H1FY26 improved by 8 bps YoY and stands at 0.60%.

Slippage Ratio for Q2FY26 improved by 6 bps YoY and stands at 0.45%

Credit Cost for Q2FY26 stands at 0.39%.

Capital Adequacy

Capital Adequacy Ratio (CAR) as at the end of Q2FY26 stands at 14.62%.

Alternate Channels

More than 64% of SB accounts opened digitally through YONO in Q2FY26.
Share of Alternate Channels in total transactions increased from ~98.2% in H1FY25 to ~98.6% in H1FY26.

SBI Key Summary of Q2FY26 Results

₹ in Crores	Q2FY25	Q1FY26	Q2FY26	*YoY* %	*QoQ* %	H1FY25	H1FY26	*YoY* %
Profit & Loss
Interest Income	1,13,871	1,17,996	1,19,654	5.08	1.41	2,25,397	2,37,650	5.44
Interest Expenses	72,251	76,923	76,670	6.12	-0.33	1,42,652	1,53,593	7.67
Net Interest Income	41,620	41,072	42,984	3.28	4.65	82,745	84,057	1.59
NIM, % (Domestic)	3.27	3.02	3.09	-18 bps	7 bps	3.31	3.05	-26 bps
Operating Profit	29,294	30,544	31,904	8.91	4.45	55,742	62,449	12.03
Loan loss provisions	3,631	4,934	4,132	13.81	-16.25	8,149	9,066	11.26
Profit after tax	18,331	19,160	20,160	9.97	5.22	35,367	39,320	11.18

₹ in Crores	Sep 24	Jun 25	Sep 25	*YoY* %	*QoQ* %
Balance Sheet
Gross advances	39,20,719	42,54,516	44,19,674	12.73	3.88
Domestic Corporate	11,57,171	12,03,430	12,39,346	7.10	2.98
Domestic Retail Personal	13,96,624	15,39,878	15,93,360	14.09	3.47
Of which: Home loans	7,64,141	8,50,856	8,80,422	15.22	3.47
Deposits	51,17,285	54,73,254	55,91,700	9.27	2.16
Domestic CASA	19,65,899	20,68,527	21,24,266	8.06	2.69
Domestic Term Deposits	29,44,629	31,86,346	32,36,366	9.91	1.57
CASA Ratio (%)	40.03	39.36	39.63	-40 bps	27 bps
GNPA	83,369	78,040	76,243	-8.55	-2.30
NNPA	20,294	19,908	18,460	-9.04	-7.28

Ratios (%)	Q2FY25	Q1FY26	Q2FY26	YoY,bps	QoQ,bps	H1FY25	H1FY26	YoY,bps
Asset Quality
GNPA	2.13	1.83	1.73	-40	-10	2.13	1.73	-40
NNPA	0.53	0.47	0.42	-11	-5	0.53	0.42	-11
PCR (with AUCA)	92.21	91.71	92.29	8	58	92.21	92.29	8
PCR (without AUCA)	75.66	74.49	75.79	13	130	75.66	75.79	13
Slippage Ratio	0.51	0.75	0.45	-6	-30	0.68	0.60	-8
Credit Cost	0.38	0.47	0.39	1	-8	0.43	0.43	0
Capital Ratios
CET-1 ratio	9.95	11.10	11.47	152	37	9.95	11.47	152
Tier-1 ratio	11.32	12.45	12.67	135	22	11.32	12.67	135
CAR	13.76	14.63	14.62	86	-1	13.76	14.62	86

Click here to download SBI Financial Results Q2FY26