Mumbai, 07 February 2026: The Central Board of Directors of State Bank of India (SBI), India's largest lender, today approved the bank's unaudited financial results for the quarter and nine months ended December 31, 2025. The banking behemoth reported a robust 24.5% year-on-year surge in standalone net profit, driven by strong core performance and improved asset quality.
Q3 FY26 Standalone: Key Financial Highlights (YoY Growth)
The bank demonstrated exceptional performance across all major parameters for the quarter ending December 2025.
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Net Profit: Jumped 24.5% to ₹21,028 Crore, up from ₹16,891 Crore in Q3 FY25.
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Net Interest Income (NII): Grew by 5.4% to ₹41,497 Crore from ₹39,345 Crore a year ago.
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Net Interest Margin (NIM): Stood healthy at 3.36%.
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Operating Profit: Increased by 16.6% to ₹32,862 Crore.
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Provision Coverage Ratio (PCR): Improved to 75.54% as of December 31, 2025.
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Gross NPA Ratio: Declined to 2.15% (from 2.42% in Q3 FY25).
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Net NPA Ratio: Improved significantly to 0.39% (from 0.53%).
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Capital Adequacy Ratio (CRAR): Remained strong at 14.05% (CET-1 at 10.99%).
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Return on Assets (RoA): Improved to 1.19% (annualized).
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Earnings Per Share (EPS): Stood at ₹22.78 for the quarter.
Also Read: Highest Dividend-Paying PSU Stocks in India — 2026 Update
Nine-Month FY26 Standalone Performance
For the nine-month period (April-December 2025), SBI's performance remained strong:
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Net Profit: ₹60,348 Crore.
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NII: ₹1,25,117 Crore.
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Operating Profit: ₹90,718 Crore.
Consolidated Performance Mirrors Strength
The SBI Group's consolidated results also showed vigorous growth:
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Q3 Net Profit: Rose 21.1% YoY to ₹21,317 Crore.
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9M Net Profit: Stood at ₹63,656 Crore.
Management Commentary & Strategic Actions
The results reflect SBI's continued focus on credit growth, margin management, and sustained improvement in asset quality. The bank's robust capital position provides ample headroom for future growth.
Key Corporate Actions Mentioned:
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Divestment in YES Bank: The bank divested a 13.18% stake in YES Bank Ltd. in September 2025, recording an exceptional profit of ₹3,026.57 Crore (net), which has been appropriated to Capital Reserve.
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Increased Stake in SBI General: Acquired an additional 4.925% in SBI General Insurance, raising its holding to 73.89%.
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Follow-on Public Offer (FPO): Successfully raised ₹25,000 Crore through a QIP/FPO in July 2025, enhancing its capital base.
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Asset Quality: The steady decline in GNPA and NNPA ratios underscores effective recovery and resolution mechanisms.
Outlook
SBI's Q3 FY26 results solidify its position as the pillar of the Indian banking sector. With strong profitability, improving asset quality, and a fortified balance sheet, the bank is well-positioned to support the nation's credit growth and capitalize on economic opportunities.
Disclaimer: This article is based on the unaudited financial results filed by State Bank of India with the stock exchanges. Investors should refer to the official documents for detailed notes.