Overview
- SBI reported standalone net profit of ₹20,159.67 crore for Q2 FY26, up 10% year-on-year, according to its exchange filing.
- Net interest income increased 3% to ₹42,984.06 crore while provisions for non-performing assets rose 19.9% to about ₹5,400 crore.
- Asset quality improved with the gross NPA ratio at 1.73% versus 1.83% in Q1 FY26 and the net NPA ratio at 0.42% versus 0.47%.
- The Central Board approved the quarterly results in Mumbai, with management scheduled to brief analysts at 5:15 p.m. via a live webcast from State Bank Bhavan.
- The release coincides with results from more than 120 companies, and SBI’s trading window for designated persons remains closed until 48 hours after the announcement.