Quarterly Result3 Nov 2026, 02:04 pm
SBI Q2FY27 Net Profit Jumps 14.28% YoY to ₹23,038 Cr
AI Summary
State Bank of India (SBI) announced its financial results for the second quarter of FY27, reporting a significant 14.28% year-on-year growth in Net Profit, reaching ₹23,038 crores. Operating Profit also saw a healthy increase of 7.28% YoY to ₹34,226 crores. The bank's business crossed ₹115 trillion, with Deposits and Advances standing at ₹63 trillion and ₹52 trillion, respectively. Net Interest Income (NII) grew by 14.69% YoY. Asset quality improved with Gross NPA Ratio at 1.39% and Net NPA Ratio at 0.36%. Advances grew by 17.84% YoY, driven by strong performance in RAM, Agri, SME, and Retail Personal segments. Capital Adequacy Ratio (CRAR) stood at a robust 16.09%.
Key Highlights
- Net Profit for Q2FY27 surged 14.28% YoY to ₹23,038 crores.
- Total business reached approximately ₹115 trillion.
- Gross NPA Ratio improved to 1.39% and Net NPA Ratio to 0.36%.
- Advances grew 17.84% YoY, with strong contributions from RAM segments.
- CRAR stood at a healthy 16.09%.
Price Impact
More from SBIN