Summary

State Bank of India (SBI) has reported its Q1FY26 results with a 12.48% YoY growth in profitability and an 11.61% YoY growth in advances. The net profit for Q1FY26 stands at ₹19,160 crores and the operating profit for Q1FY26 grew by 15.49% YoY to ₹30,544 crores. The bank's ROA and ROE for Q1FY26 stand at 1.14% and 19.70% respectively. However, the Net Interest Income (NII) for Q1FY26 decreased by 0.13% YoY.

Key Highlights

1. 1

   Profitability: Net Profit for Q1FY26 stands at ₹19,160 crores, witnessing a growth of 12.48% YoY.

2. 2

   Operating Profit for Q1FY26 grew by 15.49% YoY to ₹30,544 crores.

3. 3

   Whole Bank Advances growth at 11.61% YoY with Domestic Advances growing by 11.06% YoY.

4. 4

   Whole Bank Deposits grew by 11.66% YoY.

5. 5

   Gross NPA ratio at 1.83% improved by 38 bps YoY.

6. 6

   Net NPA ratio at 0.47% improved by 10 bps YoY.

7. 7

   Capital Adequacy Ratio (CAR) as at the end of Q1FY26 stands at 14.63%.