SBI Q1FY26: Net Profit rises 12.48%, Gross NPA improves 38 basis points

New Delhi: India’s largest Public Sector Lender, State Bank of India (SBI) has declared the financial results for the first quarter of FY25-26. The Bank has registered a Net Profit for Q1FY26 stands at Rs19,160 crores witnessing a growth of 12.48% YoY. The Operating Profit for Q1FY26 grew by 15.49% YoY to Rs 30,544 crores.

The Net Interest Income of the Bank (NII) for Q1FY26 decreased by 0.13% YoY. While Bank’s ROA and ROE for Q1FY26 stand at 1.14% and 19.70% respectively. In terms of asset quality, the Gross NPA ratio stand at 1.83% improved by 38 bps YoY. The Net NPA ratio is at 0.47% improved by 10 bps YoY.

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Meanwhile, the Bank’s Provision Coverage Ratio (PCR) stands at 74.49% while PCR (incl. AUCA) stands at 91.71%. Whole Bank Advances growth at 11.61% YoY with Domestic Advances growing by 11.06% YoY. Whole Bank Advances at Rs 42.5 Lakh crores.

Capital Adequacy Ratio (CAR) as at the end of Q1FY26 stands at 14.63%. The Slippage Ratio for Q1FY26 is improved by 9 bps YoY and stands at 0.75%.

Shares of SBI are closed at Rs 802.50, down by 0.33% at BSE.