State Bank of India (SBI) has announced its financial results for the quarter ended June 30, 2026. The bank reported a consolidated net profit of ₹21,121.22 crore, marking a significant financial performance. Key performance indicators and financial ratios, including capital adequacy and NPA levels, were also disclosed.
SBI Announces Strong Q1 Financial Results
State Bank of India (SBI) has released its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The bank announced a net profit of ₹21,121.22 crore for the period. This represents a significant outcome following the board meeting held on August 7, 2026.
Key Financial Highlights
Standalone Performance
For the standalone operations, SBI reported a net profit of ₹21,121.22 crore for the quarter ended June 30, 2026. The total income earned was ₹1,43,819.15 crore, while interest expended amounted to ₹80,904.02 crore.
Consolidated Performance
On a consolidated basis, which includes its subsidiaries and joint ventures, SBI’s net profit stood at ₹21,121.22 crore for the same quarter. The total consolidated income was reported as ₹1,80,061.86 crore, with interest expended at ₹82,247.57 crore.
Operational and Ratio Insights
The bank’s financial disclosures also provided insights into various operational metrics. The capital adequacy ratio (Basel III) was reported at 15.67%, with a CET 1 ratio of 12.89%. The percentage of gross NPAs stood at 1.47%, and the percentage of net NPAs was 0.38%.
Earnings per share (EPS) were ₹22.88 (basic and diluted) before extraordinary items. The statement also detailed the security cover certificates and compliance of financial covenants for listed unsecured non-convertible debt securities, confirming compliance as of June 30, 2026.
These results were subject to a limited review by the Bank’s Statutory Central Auditors and approved by the Board of Directors.
Source: BSE
