State Bank of India: Q1 2026 Financial Results Show Steady Performance

State Bank of India has released its unaudited financial results for the quarter ended June 30, 2026. The bank reported a net profit of ₹21,121.22 crore for the standalone entity and ₹24,113.00 crore on a consolidated basis. Key performance indicators, including interest earned, provisions, and asset quality ratios, are detailed in the report.

State Bank of India Announces Q1 2026 Financial Performance

State Bank of India (SBI) has announced its unaudited financial results for the quarter ended June 30, 2026. The report outlines the bank’s financial performance, including interest income, expenditure, and profitability.

Standalone Financial Highlights

For the quarter ended June 30, 2026, SBI reported total income of ₹1,43,819.15 crore. Interest expended amounted to ₹80,904.02 crore, resulting in an operating profit (before provisions and contingencies) of ₹33,529.18 crore. After accounting for provisions and exceptional items, the bank recorded a net profit of ₹21,121.22 crore.

Consolidated Financial Performance

On a consolidated basis, the Group’s total income stood at ₹1,80,061.86 crore. Interest expended was ₹82,247.57 crore. The consolidated operating profit before provisions and contingencies was ₹38,631.68 crore. The consolidated net profit for the quarter was ₹24,113.00 crore.

Key Ratios and Asset Quality

The report also provides key analytical ratios. The Capital Adequacy Ratio (Basel III) was reported at 15.67%. The percentage of gross NPAs stood at 1.47%, with net NPAs at 0.38%. Earnings per share (EPS) for basic and diluted were ₹22.88 before extraordinary items.

Segmental Performance

Segment-wise results indicate strong contributions from Treasury Operations, Corporate/Wholesale Banking operations, and Retail Banking operations. The segment results reflect the bank’s diversified business model.

Source: BSE

Previous Article

JK Tyre: Approves ₹1.38 Crore Investment for 26% Stake in Solar Power Entity

Next Article

Kalyani Steels: Q1 FY27 Unaudited Standalone Profit ₹676 Crore