The State Bank of India (SBI) on Tuesday reported its much-awaited Q2 standalone net profit to have jumped 10 per cent to ₹20,160 crore, as against ₹18,331 crore earned in the July-September quarter a year ago.
The lender’s total income in the quarter ended September 30, 2025, increased to ₹1,34,979 crore, from ₹1,29,141 crore in the second quarter of the last fiscal year.
The interest earned during the period increased to ₹1,19,654 crore, from ₹1,13,871 crore in the same quarter a year ago, said the country’s biggest lender.
The bank’s asset quality also improved, with gross non-performing assets (NPAs) declining to 1.73 per cent of gross advances as on September 30, 2025, from 2.13 per cent a year ago.
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Similarly, net NPAs or bad loans also declined to 0.42 per cent of the advances, from 0.53 per cent in the year-ago period.
On a consolidated basis, the SBI Group reported a 7 per cent increase at ₹21,137 crore for the second quarter ended September 30, as against ₹19,743 crore in the July-September quarter of the previous fiscal.
The total income of the SBI group rose to ₹1,75,898 crore in the quarter under review, compared to ₹1,63,802 crore in the year-ago period.