State Bank of India Reports Q1 Financial Results for June 30, 2026; Net Profit Reaches 85.17 Crore
State Bank of India (SBI) announced its unaudited financial results and key operational updates for the quarter ending June 30, 2026. The results were reviewed by the Statutory Central Auditors and approved by the Central Board of Directors on August 7, 2026.The bank's performance across various segments reflected stability in its overall banking operations during the period.
Financial Highlights (Standalone)
Key metrics for the quarter saw consolidated income rise to 1,31,95,132, while the Net Profit/(Loss) for the quarter stood at 21,121.22 crore. The bank's operational performance was highlighted by a net profit after tax of 21,121.22 crore.The financial summary for SBI as of June 30, 2026, is provided below:
| Particulars | Qtr Ended June 30, 2026 | Apr-Jun 2026 | Mar 2026 | Jun 30, 2025 |
|---|---|---|---|---|
| Net Interest Income (cr) | 1,27,896.45 | 1,36,240.49 | 4,42,797.17 | 1,25,563.08 |
| Loss on Advances/Bills (cr) | 94,011.38 | 96,826.98 | 92,043.47 | 88,146.02 |
| Total Income (cr) | 2,31,592.69 | 1,73,141.0 | 68,850.28 | 1,94,684.37 |
| Net Profit/Loss for the quarter (cr) | 21,121.22 | 19,583.75 | 80,032.01 | 21,626.61 |
Consolidated Financial Status and Balance Sheet
The consolidated financial position as of June 30, 2026, reflected total banking operations at a level of 4,24',1_13 crore for the quarter. Total liabilities stood at 7,09,616.96 crore.A detailed view of the standalone and consolidated financial results is available below:
| Particulars | Standalone (June 30, 2026) | Consolidated (June 30, 2026) |
|---|---|---|
| Total Income (cr) | 5,51,647.45 | 7,09,616.96 |
| Net Profit/Loss for the quarter (cr) | 80,032.01 | 1,31,961.70 |
| Total Assets (cr) | 84,03,229.25 | 20,48,902.84 |
Asset Management and Loan Portfolio Activity
In terms of asset management, the bank's Provision Coverage Ratio (PCR) as of June 30, 2026 was recorded at 74.20%, with a PCR including Advance Under Collection Accounts (AUCA) noted at 91.82%.Regarding loan portfolio movements during the quarter:
Domestic Loan Transactions:
- The bank did not transfer any Special Mention Account (SMA) or loans that were not in default through domestic branches.
- Aggregate amount of secured SME and Agri (ABU) loans purchased from NBFCs/HFCs/MFs was 4,492.01 crore.
Overseas Loan Transactions:
* Loans not in default transferred by overseas branches during the quarter totaled an aggregate principal outstanding of 482.59 crore through transfers to permitted transferees.
Debt Securities and Security Receipts
SBI's activity concerning debt securities showed:- The bank reported no deviation or variation in the use of proceeds for its non-convertible debt securities, with the Outstanding bonds as on June 30, 2026, detailed separately.
- Regarding security receipts purchased and held as investments, the Face Value totaled 14,042.71 crore, while the Provision held amounted to 5,575.88 crore across all categories (A1+A2).
Key Ratios Snapshot
| Metric | Value |
|---|---|
| Provision Coverage Ratio (PCR) as on June 30, 2026 | 74.20% |
| PCR with AUCA | 91.82% |
| Loans Not in Default Transferred Overseas via Assignment | 3 cr |
SBIN Stock Price Movement
Shares of State Bank of India are edging higher to ₹1089.7 as of 1:58 PM today, having gained ₹4.70 or 0.43% in live trading. The stock is actively traded, with approximately 8.68 million shares turning over during the ongoing market session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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