State Bank of India's Q2 FY 2025-26 Quarterly Results
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Result Summary
- State Bank of India reported a 5.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 7.4%.
- Its expenses for the quarter were up by 8.5% QoQ and 10.0% YoY.
- The net profit decreased 1.2% QoQ and increased 6.3% YoY.
- The earnings per share (EPS) of State Bank of India stood at 22.81 during Q2 FY 2025-26.
Financial Statments for Q2 FY 2025-26
| (₹ crores) | Q2FY26 | Q1FY26 | Q2FY25 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 175897.79 | 166991.82 | 163802.38 | 5.3% | 7.4% |
Total Expenses | 143780.82 | 132499.16 | 130742.23 | 8.5% | 10.0% |
Provisions & contingencies | 6486.90 | 5263.54 | 5585.84 | 23.2% | 16.1% |
Profit Before Tax | 28656.64 | 29229.12 | 27474.31 | -2.0% | 4.3% |
Tax | 7152.15 | 7602.48 | 7254.69 | -5.9% | -1.4% |
Profit After Tax | 21860.59 | 22121.38 | 20565.03 | -1.2% | 6.3% |
Earnings Per Share | 22.81 | 23.76 | 22.17 | -4.0% | 2.9% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
State Bank of India (SBI) is a leading public sector bank in India, offering a wide range of financial services. These services include personal banking, corporate banking, international banking, and treasury operations. As a part of its offerings, SBI provides various products such as savings accounts, loans, credit cards, and investment services. The bank is a key player in the banking industry, with a significant presence across both urban and rural areas of India. Recent developments for SBI include its continued expansion of digital banking services to enhance customer experience and accessibility. However, specific recent developments within the quarter are not available from the provided data.
Revenue
In the second quarter of the fiscal year 2026 (Q2FY26), State Bank of India reported a total income of ₹175,897.79 crores, which represents a quarter-over-quarter (QoQ) increase of 5.3% from ₹166,991.82 crores in Q1FY26. Year-over-year (YoY), total income grew by 7.4% compared to ₹163,802.38 crores in Q2FY25. This steady growth in total income reflects the bank's ability to enhance its revenue generation over time. The data does not provide specific breakdowns by revenue streams, but the overall increase suggests continued growth in SBI's core banking and financial services offerings.
Profitability
For Q2FY26, SBI's profit before tax (PBT) was reported at ₹28,656.64 crores, showing a slight decrease of 2.0% QoQ from ₹29,229.12 crores in Q1FY26. However, there was a 4.3% YoY increase from ₹27,474.31 crores in Q2FY25. The profit after tax (PAT) for Q2FY26 stood at ₹21,860.59 crores, marking a 1.2% decrease QoQ from ₹22,121.38 crores in Q1FY26, but a 6.3% increase YoY from ₹20,565.03 crores in Q2FY25. Earnings per share (EPS) for the quarter was ₹22.81, a 4.0% decrease QoQ from ₹23.76 in Q1FY26, and a 2.9% increase YoY from ₹22.17 in Q2FY25. These figures indicate fluctuations in profitability metrics, with notable growth compared to the previous year.
Operating Metrics
SBI's total expenses in Q2FY26 were ₹143,780.82 crores, reflecting an 8.5% increase QoQ from ₹132,499.16 crores in Q1FY26, and a 10.0% increase YoY from ₹130,742.23 crores in Q2FY25. Provisions and contingencies rose to ₹6,486.90 crores in Q2FY26, a significant 23.2% increase QoQ from ₹5,263.54 crores in Q1FY26, and a 16.1% increase YoY from ₹5,585.84 crores in Q2FY25. The tax expense for Q2FY26 was ₹7,152.15 crores, which decreased by 5.9% QoQ from ₹7,602.48 crores in Q1FY26, and by 1.4% YoY from ₹7,254.69 crores in Q2FY25. These operating metrics highlight shifts in the bank's cost structure and provisioning, reflecting changes in its operational environment during the quarter.
FAQs
When was State Bank of India Q2 FY 2025-26 result announced?
State Bank of India announced its Q2 FY 2025-26 results on 18 November, 2025.
What are State Bank of India quarterly results?
State Bank of India quarterly results refer to the company’s financial performance over a three-month period, including key metrics like revenue, net profit, earnings per share (EPS), and margin performance.
What were the key highlights of State Bank of India Q2 FY 2025-26 results?
Key highlights of State Bank of India Q2 FY 2025-26 results include:
- Revenue: ₹175897.79 crore
- Net Profit: ₹21860.59 crore
- EBITDA: ₹106659.01 crore
- Year-over-Year Growth: 7.4%
- Quarter-over-Quarter Growth: 5.3%
How did State Bank of India net profit perform in this quarter?
State Bank of India reported a net loss of ₹21860.59 crore in Q2 FY 2025-26, reflecting a 6.3% year-over-year growth.
What was State Bank of India revenue in Q2 FY 2025-26?
State Bank of India posted a revenue of ₹175897.79 crore in Q2 FY 2025-26.