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State Bank Of India Q2 FY27: revenue up 10.2% to ₹1,41,073 Cr, net profit up 20.0% to ₹25,361 Cr

Results · Finvezto · 3 Nov 2026 · State Bank Of India (SBIN)

Results Q2 FY27, ₹ Cr

Q2 FY27 results with change on the quarter and on the year
Q2 FY27₹ CrQoQYoY
Revenue1,41,073+3.5%+10.2%
Operating profit31,592-18.2%-1.6%
Net profit25,361+5.2%+20.0%
Operating margin22.4%-5.9 pp-2.7 pp
Net margin18.0%+0.3 pp+1.5 pp

Key points

  • State Bank of India reported an interest income of Rs 1,32,019 crore, operating profit of Rs 34,226 crore, and net profit of Rs 23,038 crore for Q2FY27, up 10.46%, 7.28%, and 14.28% year-on-year respectively. NSE filing
  • Net interest income rose 14.69% to Rs 49,143 crore while gross NPA ratio improved 34 basis points year-on-year to 1.39%. NSE filing
  • Revenue was ₹1,41,073 Cr, up 10.2% on a year earlier and up 3.5% on the quarter before. Finvezto data

Other figures

  • Interest Income: ₹1,32,019 Cr (+10.5% YoY)
  • Net Interest Income: ₹49,143 Cr (+14.7% YoY)

What to watch

  • Operating margin over the last 4 quarters (Dec 25, Mar 26, Jun 26, Sep 26): 27.3%, 22.7%, 28.4%, 22.4%.
  • Net profit over the last 4 quarters (Dec 25, Mar 26, Jun 26, Sep 26), ₹ Cr: 21,317, 19,643, 24,113, 25,361.

Links

NSE filing (PDF) · Company page · Results tracker

Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.