SBI net profit advances 14% to ₹23,038 crore, NII surges 15%

The company had reported a profit after tax of ₹20,159.67 crore a year back.

Its net interest income (NII) went up by 14.69% to ₹49,142.85 crore in Q2 FY27, compared to ₹42,847 crore in the same period of the previous fiscal year.

The bank's operating profit for the quarter under review grew 7.28% year-on-year (YoY) to ₹34,226 crore, according to an exchange filing.

Its return on assets (ROA) and return on equity (ROE) for the half year stand at 1.14% and 18.68%, respectively.

Gross non-performing asset (GNPA) ratio stood at 1.39%, improving 34 basis points YoY. Similarly, net NPA ratio improved by 6 bps YoY to 0.36%.

SBI Q2 Results: Business and balance sheet updates

• Business levels at ~₹115 trillion.
• Deposits and Advances at ₹63 trillion and ₹52 trillion, respectively
• Whole Bank Advances growth at 17.84% YoY with Domestic Advances growth at 16.94% YoY.
• Foreign Offices’ Advances surged by 22.86% YoY in Rupee terms and 13.84% in Dollar terms.
• RAM (Retail, Agriculture and MSME) Advances climbed 17.34% YoY, with double digit growth in all segments.
• Corporate Advances witnessed a YoY growth of 16.12%.
• Whole Bank Deposits climbed by 12.27% YoY. CASA Deposits grew by 8.13% YoY. CASA Ratio stands at 38.32% as of September 2026. Retail Term
• Deposits grew 16.74% YoY.

Provision coverage ratio (PCR) stands at 74.43%, while credit cost for Q2 FY27 was 0.22%.

Capital to risk-weighted assets ratio (CRAR) as at the end of the September FY27 quarter stands at 16.09%.

SBI stock performance

Shares of State Bank of India Ltd were trading 0.37% higher at ₹990.90 per unit on the NSE at 2:14 pm. Its market capitalisation stands at ₹9,13,338.22 crore.

The stock had hit its 52-week high of ₹1,234.70 per share on February 24, 2026, while its year's low of ₹933.90 apiece was recorded on May 18, 2026.

The scrip has gained 4.68% in the past week and 3.68% in a month. Year-to-date, it rose 0.46%.