SBI Net Profit for Q2FY26 stood at a robust Rs 20,160 crores
SBI’s Net Profit for Q2FY26 stood at a robust Rs 20,160 crores. This represents a growth of 9.97% year-on-year (YoY).
Mumbai, November 4, 2025 – State Bank of India (SBI) has delivered a strong financial performance for the second quarter ended September 30, 2025 (Q2FY26), reporting a significant rise in profitability and marking a major milestone in its overall business.
The banking giant's business surpassed the monumental Rs 100 Trillion mark during the quarter.
Record Profitability and Operating Performance
SBI’s Net Profit for Q2FY26 stood at a robust Rs 20,160 crores. This represents a growth of 9.97% year-on-year (YoY)
Key figures for the quarter include:
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Operating Profit: Increased by 8.91% YoY to Rs 31,904 crores.
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Net Interest Income (NII): Grew by 3.28% YoY to Rs 42,984 crores.
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Domestic Net Interest Margin (NIM): Was reported at 3.09% for Q2FY26.
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For the half-year (H1FY26), the Net Profit after tax was Rs 39,320 crores, an increase of 11.18% over H1FY25. The Bank's Return on Assets (ROA) and Return on Equity (ROE) for the half year stood at 1.15% and 20.21%, respectively.
Strong Advances and Improved Asset Quality
The Bank maintained strong growth across its loan portfolio and showed marked improvement in asset quality metrics.
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Whole Bank Advances saw a growth of 12.73% YoY.
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Retail Advances led the charge, growing by 15.09% YoY. Within this segment, Home Loans grew by 15.22% YoY, while Domestic Retail Personal Advances registered a 14.09% YoY growth.
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Corporate Advances grew by 7.10% YoY.
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Whole Bank Deposits grew by 9.27% YoY. The CASA (Current Account Savings Account) ratio stood at 39.63% as of September 30, 2025.
On the asset quality front, both Gross and Net Non-Performing Assets (NPAs) saw year-on-year improvements:
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Gross NPA ratio improved by 40 basis points (bps) YoY to 1.73%.
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Net NPA ratio improved by 11 bps YoY to 0.42%.
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The Provision Coverage Ratio (including the provision for outstanding Non-performing Assets and technical write-offs/AUCA) stood at 92.29%.
The Bank's Capital Adequacy Ratio (CAR) as of the end of Q2FY26 was reported at 14.62%.
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