SBI reports ₹23,037.95 crore profit for Q2 2026

State Bank of India (SBI) has announced its unaudited financial results for the quarter and half year ended September 30, 2026. The bank reported a standalone net profit of ₹23,037.95 crore for the quarter, with consolidated net profit also standing strong. The results reflect steady financial performance and robust growth across various banking operations.

SBI Announces Strong Financial Performance

State Bank of India (SBI) has announced its unaudited financial results for the quarter and half year ended September 30, 2026. The results indicate a robust financial performance, with significant profits reported on both standalone and consolidated bases.

Standalone Financial Highlights

For the quarter ended September 30, 2026, SBI reported a standalone net profit after tax of ₹23,037.95 crore. This marks a substantial increase compared to the previous periods. The half-year ended September 30, 2026, also saw a strong net profit of ₹44,159.17 crore. The unaudited results have been prepared in accordance with applicable accounting standards and regulatory requirements.

Consolidated Financial Performance

On a consolidated basis, the bank reported a net profit after tax of ₹25,741.47 crore for the quarter ended September 30, 2026. For the half year ended September 30, 2026, the consolidated net profit stood at ₹50,320.51 crore. These figures encompass the performance of SBI and its subsidiaries, joint ventures, and associates.

Key Notes from the Report

The financial results have been reviewed by the Bank’s Statutory Central Auditors and the Audit Committee of the Board. The Limited Review Report of the Statutory Central Auditors contains an unmodified opinion. The results also include details on asset quality, capital adequacy, and earnings per share, demonstrating the bank’s sound financial standing.

In terms of specific regulatory disclosures, the statement also provides information on deviations or variations in the utilization of funds raised, security cover certificates, and compliance with various SEBI (LODR) Regulations.

Source: BSE

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