SBIN: State Bank of India has informed the Exchange regarding a press release dated August 08, 2025, titled "Q1FY26 Results".
SBIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
State Bank of India reported Q1FY26 net profit of ₹19,160 crores, up 12.48% year-on-year, while operating profit grew 15.49% YoY to ₹30,544 crores. Loan book expanded 11.61% YoY to ₹42.5 lakh crores, with retail personal advances up 12.56% and SME advances rising 19.10%. Asset quality improved, with gross NPA falling to 1.83% (from 2.21%) and net NPA at 0.47%. However, net interest income was nearly flat (-0.13% YoY) and domestic net interest margin compressed by 33 basis points to 3.02%. Capital adequacy ratio strengthened to 14.63%.
Steady profit growth and better asset quality support the stock, but the continued squeeze in net interest margin (now below 3.1%) signals pressure on core lending profitability that investors should monitor closely.