SBINNSEState Bank of India· BanksHighNeutral
Announced Tue, 4 Nov · 13:26 IST

State Bank Of India has submitted to the Exchange, the financial results for the period ended September 30, 2025.

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

State Bank of India reported standalone net profit of ₹20,159.67 Crore for Q2 FY26, up about 10% from ₹18,331.44 Crore in Q2 FY25. For the half year, net profit rose 11.2% to ₹39,320.11 Crore from ₹35,366.60 Crore. Total income for H1 FY26 stood at ₹2,70,321.03 Crore, a 7.3% increase year-on-year. The bank recorded a one-time exceptional gain of ₹4,593.22 Crore from divesting 13.18% of its stake in Yes Bank at ₹21.50 per share. Asset quality improved sharply, with Net NPA ratio falling to 0.42% from 0.53% a year ago, and Gross NPA at 1.73% versus 2.13%. The bank raised ₹25,000 Crore via QIB share allotment in July 2025 at ₹817 per share, taking the paid-up capital to ₹923.06 Crore. CET1 capital ratio stood strong at 14.62%.

Likely market impact

Results show steady profit growth, improving asset quality, and a capital-raising boost, all of which are positives for shareholders. The Yes Bank divestment windfall lifts reported earnings, while the QIB share issuance may cause short-term dilution but strengthens the bank's capital base for future lending growth.