SBI reports 74.43% provision coverage ratio for Q2 FY27

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 provision coverage ratio (PCR) of 74.43% and a net profit of ₹23,037.95 crore for the standalone entity in Q2 FY27. The consolidated results also show strong performance across various key financial metrics.

SBI Announces Strong Q2 FY27 Financial Performance

State Bank of India (SBI) has released its unaudited financial results for the quarter and half-year ended September 30, 2026. The disclosures cover both standalone and consolidated financial statements, highlighting the bank’s performance across key indicators.

Standalone Financial Highlights

For the standalone entity, SBI reported a net profit of ₹23,037.95 crore for the quarter ended September 30, 2026. Total income for the quarter stood at ₹1,43,796.01 crore. The bank maintained a provision coverage ratio (PCR) of 74.43% as of September 30, 2026. The earnings per share (EPS) for the quarter was ₹24.96.

Consolidated Financial Overview

On a consolidated basis, the bank reported a net profit of ₹25,741.47 crore for the quarter ended September 30, 2026. Total income for the consolidated entity reached ₹1,87,756.19 crore. The consolidated EPS for the quarter was ₹27.47.

Key Ratios and Disclosures

The results also detailed several key financial ratios. The capital adequacy ratio (Basel III) stood at 16.09% for the standalone entity. Non-performing asset (NPA) ratios were also disclosed, with the gross NPAs at 1.39% and net NPAs at 0.36% of total advances as of September 30, 2026. The statement also includes details on deviation and variation in the utilisation of funds raised, security coverage, and investor complaints.

Board Meeting Outcome

The outcome of the Board Meeting held on November 3, 2026, confirmed the financial results for the quarter and half-year ended September 30, 2026. The meeting also covered the enclosure of the unaudited standalone and consolidated financial results along with the Limited Review Report of the Statutory Central Auditors.

Source: BSE

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