State Bank of India Reports Q1FY26 Results: Profitability Grows by 12.48% YoY, Advances by 11.61% YoY

State Bank of India (SBI) has reported its financial results for the quarter ended 30.06.2025. The bank's net profit for Q1FY26 stands at ₹19,160 crores, marking a growth of 12.48% YoY. The operating profit for the same period grew by 15.49% YoY to ₹30,544 crores. The bank's ROA and ROE for Q1FY26 are 1.14% and 19.70% respectively. However, the Net Interest Income (NII) decreased by 0.13% YoY. The Whole Bank and Domestic NIM stand at 2.90% and 3.02% respectively. The bank's Whole Bank Advances grew by 11.61% YoY with Domestic Advances growing by 11.06% YoY. Whole Bank Advances stand at ₹42.5 Lakh crores. Foreign Offices’ Advances grew by 14.81% YoY. SME Advances grew by 19.10% YoY, followed by Agri Advances which grew by 12.67% YoY. Whole Bank Deposits grew by 11.66% YoY. CASA Deposit grew by 8.05% YoY. The Gross NPA ratio at 1.83% improved by 38 bps YoY. Net NPA ratio at 0.47% improved by 10 bps YoY. The Provision Coverage Ratio (PCR) stands at 74.49% while PCR (incl. AUCA) stands at 91.71%. Slippage Ratio for Q1FY26 improved by 9 bps YoY and stands at 0.75%. Credit Cost for Q1FY26 stands at 0.47%. Capital Adequacy Ratio (CAR) as at the end of Q1FY26 stands at 14.63%. 66% of SB accounts were acquired digitally through YONO in Q1FY26.