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SBI reports 14% rise in Q1 consolidated net profit

07 Aug 2026 Evaluate

State Bank of India (SBI) has reported its results for the first quarter ended June 30, 2026 (Q1FY27).

The bank has reported a 10.23% rise in its standalone net profit at Rs 21,121.22 crore for the quarter ended June 30, 2026, as compared to Rs 19,160.44 crore for the same quarter in the previous year. Total income of bank increased by 6.26% to Rs 1,43,819.15 crore for Q1FY27 as compared to Rs 1,35,341.56 crore for the corresponding quarter of the previous year.

On a consolidated basis, the bank has reported a 13.73% rise in its net profit at Rs 24,113.00 crore for Q1FY27, as compared to Rs 21,201.47 crore for the same quarter in the previous year. Total income of bank increased by 7.83% to Rs 1,80,061.86 crore for Q1FY27 as compared to Rs 1,66,991.82 crore for the corresponding quarter of the previous year.

Peers
Company Name CMP
State Bank Of India 982.50
PNB 116.70
Bank Of Baroda 235.25
Canara Bank 124.95
Union Bank Of India 180.00
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