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State Bank Of India Q2 FY27 earnings call: Net profit for the second quarter stood at ₹23,038 crore, while operating profit reached ₹34,226 crore...

Results · Finvezto · 6 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
Operating profit34,226--
Net profit23,038--

YoY is the company's own figure. QoQ shows where our quarterly series matches the filing.

Key points

  • State Bank Of India Q2 FY27 earnings call: Net profit for the second quarter stood at ₹23,038 crore, while operating profit reached ₹34,226 crore, registering year-on-year growth of 7.28%. Source
  • Net profit for the second quarter stood at ₹23,038 crore, while operating profit reached ₹34,226 crore, registering year-on-year growth of 7.28%. Earnings call
  • Domestic net interest margin improved to 3.11% for the quarter, supported by higher yields on advances and lower deposit costs. Earnings call
  • Total business aggregated ₹115 trillion, with deposits increasing by 12.27% year-on-year to ₹63 trillion and advances surpassing ₹52 trillion. Earnings call

What to watch

  • Management on credit growth: And we are also sticking to our guidance on credit growth 14 to 15% and a quality credit growth.
  • Management on return on assets and roe: So, I stick to my guidance, an annual guidance of return on assets of 1%, net interest margin not less than 3% and ROE of 15%, through the cycles you are assured of.

Links

Company page · Results tracker

Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.