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Economy

SBI September quarter net profit 10 pc higher at ₹20,160-cr

The country’s biggest lender, State Bank of India (SBI), reported a 10 per cent jump in its September standalone profit, with its total income increasing to ₹1,34,979 crore

News Arena Network - Mumbai - UPDATED: November 4, 2025, 05:35 PM - 2 min read

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SBI Chairperson Challa Sreenivasulu Setty addresses a press conference regarding the Q2 FY26 results, in Mumbai, Tuesday, Nov. 4, 2025


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.

 

Also Read: SBI to inc workforce by 3,500 officers in next 5 months


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. 

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