SBI Q2 Results 2025: Profit Surges 10% to ₹20,160 Crore, NPA Levels Fall to Record Low

The State Bank of India (SBI), the country’s largest public sector lender, has outperformed market expectations with strong second-quarter (Q2 FY2025-26) results. Contrary to predictions of a profit decline, SBI reported a solid 10 percent year-on-year (YoY) growth in profit and notable improvement in asset quality.

Profit and Revenue Growth
SBI’s standalone profit rose to ₹20,160 crore in the July–September 2025 quarter, up from ₹18,331 crore during the same period last year. The bank’s total income climbed to ₹1,34,979 crore from ₹1,29,141 crore a year earlier, reflecting robust performance in both lending and treasury operations.

Interest income also grew to ₹1,19,654 crore from ₹1,13,871 crore in the corresponding quarter of the previous fiscal. This strong growth in interest earnings highlights the bank’s sustained lending momentum and improved margins.

Improvement in Asset Quality
SBI’s asset quality showed significant improvement. The gross non-performing assets (GNPA) ratio dropped to 1.73% as of September 30, 2025, compared to 2.13% a year ago. Similarly, net NPAs fell to 0.42%, down from 0.53% in the same period last year — indicating better loan recovery and risk management practices.

SBI Group Performance
On a consolidated basis, SBI Group’s net profit rose 7 percent to ₹21,137 crore in Q2 FY2025-26, compared to ₹19,743 crore in the corresponding quarter of FY2024-25. The Group’s total income increased to ₹1,75,898 crore from ₹1,63,802 crore year-on-year, driven by healthy contributions from subsidiaries in insurance, mutual funds, and capital markets.

SBI Stock Performance
SBI’s shares traded in positive territory following the results. On the Bombay Stock Exchange (BSE), the stock was trading at ₹956.25 — up ₹6 — as of 2:40 p.m. It also hit a 52-week high of ₹958.80 during the trading session. The stock had closed at ₹950.25 on Monday and opened slightly higher at ₹952.25 today.