SBIN Q2 FY27 results at a glance
STATE BANK OF INDIA Q2 FY27 key results metrics| Quarter | Q2 FY27 |
|---|
| Quarter ended | 30 Sept 2026 |
|---|
| Revenue | ₹1,32,019 cr |
|---|
| Revenue YoY | — |
|---|
| Operating profit | — |
|---|
| Operating margin | — |
|---|
| Net profit | ₹23,038 cr |
|---|
| Net profit YoY | — |
|---|
| Net profit QoQ | -4.5% |
|---|
| Net margin | 17.5% |
|---|
| Basic EPS | — |
|---|
| TTM revenue | ₹4,37,824 cr |
|---|
| TTM net profit | ₹88,111 cr |
|---|
| TTM net margin | 20.1% |
|---|
SBIN Q2 FY27 results: what the numbers say
STATE BANK OF INDIA (SBIN) has reported its Q2 FY27 results for the quarter ended 2026-09-30. The company posted revenue of ₹1,32,019 cr and a net profit of ₹23,038 cr, translating into earnings per share of —.
SBIN quarter-wise results table
Net profit
₹23,038 cr
— YoY
Swipe sideways to see all columns →
STATE BANK OF INDIA (SBIN) quarter-wise results — revenue, operating profit, net profit, margins, EPS and growth| Quarter | Revenue | Operating profit | Net profit | OPM | Net margin | EPS | Profit YoY | Profit QoQ |
|---|
| Q2 FY272026-09-30 | ₹1,32,019 cr | — | ₹23,038 cr | — | 17.5% | — | — | -4.5% |
| Q1 FY272026-06-30 | ₹97,814 cr | — | ₹24,113 cr | — | 24.7% | ₹26.12 | +13.7% | +22.8% |
| Q4 FY262026-03-31 | ₹1,01,126 cr | — | ₹19,643 cr | — | 19.4% | ₹21.28 | +0.2% | -7.9% |
| Q3 FY262025-12-31 | ₹1,06,866 cr | — | ₹21,317 cr | — | 19.9% | ₹23.09 | — | +0.5% |
| Q1 FY262025-06-30 | ₹88,725 cr | — | ₹21,201 cr | — | 23.9% | ₹23.76 | — | +8.2% |
| Q4 FY252025-03-31 | ₹1,01,335 cr | — | ₹19,600 cr | — | 19.3% | ₹21.96 | — | — |
| TTM (last 4 quarters) | ₹4,37,824 cr | — | ₹88,111 cr | — | 20.1% | — | — | — |
Consolidated figures as reported to the exchanges, shown in ₹ crore. OPM = operating profit margin. Updated automatically whenever a new quarter is filed.
SBIN quarterly income statement
Line-item results for the last six quarters as filed — sales, expenses, operating profit, interest, tax and profit after tax in ₹ crore.
STATE BANK OF INDIA quarterly income statement| Particulars | Q2 FY272026-09-30 | Q1 FY272026-06-30 | Q4 FY262026-03-31 | Q3 FY262025-12-31 | Q1 FY262025-06-30 | Q4 FY252025-03-31 |
|---|
| Revenue / Sales | ₹1,32,019 cr | ₹97,814 cr | ₹1,01,126 cr | ₹1,06,866 cr | ₹88,725 cr | ₹1,01,335 cr |
|---|
| Interest cost | — | ₹82,248 cr | ₹79,953 cr | ₹78,783 cr | ₹78,266 cr | ₹78,227 cr |
|---|
| Profit before tax | — | ₹32,884 cr | ₹26,076 cr | ₹30,067 cr | ₹29,229 cr | ₹26,897 cr |
|---|
| Tax expense | ₹6,971 cr | ₹8,305 cr | ₹5,914 cr | ₹8,191 cr | ₹7,602 cr | ₹6,955 cr |
|---|
| Effective tax rate | — | 25.3% | 22.7% | 27.2% | 26.0% | 25.9% |
|---|
| Net profit (PAT) | ₹23,038 cr | ₹24,113 cr | ₹19,643 cr | ₹21,317 cr | ₹21,201 cr | ₹19,600 cr |
|---|
| Net profit margin | 17.5% | 24.7% | 19.4% | 19.9% | 23.9% | 19.3% |
|---|
| Basic EPS | — | ₹26.12 | ₹21.28 | ₹23.09 | ₹23.76 | ₹21.96 |
|---|
| Diluted EPS | — | ₹26.12 | ₹21.28 | ₹23.09 | ₹23.76 | ₹21.96 |
|---|
SBIN results growth — YoY and QoQ
Quarterly growth rates, year on year and quarter on quarter| Growth | Q2 FY27 | Q1 FY27 | Q4 FY26 | Q3 FY26 | Q1 FY26 | Q4 FY25 |
|---|
| Revenue YoY | — | +10.2% | -0.2% | — | — | — |
|---|
| Revenue QoQ | +35.0% | -3.3% | -5.4% | +20.4% | -12.4% | — |
|---|
| Operating profit YoY | — | — | — | — | — | — |
|---|
| Operating profit QoQ | — | — | — | — | — | — |
|---|
| Net profit YoY | — | +13.7% | +0.2% | — | — | — |
|---|
| Net profit QoQ | -4.5% | +22.8% | -7.9% | +0.5% | +8.2% | — |
|---|
| EPS YoY | — | +9.9% | -3.1% | — | — | — |
|---|
| EPS QoQ | — | +22.7% | -7.8% | -2.8% | +8.2% | — |
|---|
SBIN annual results history
Full-year performance for STATE BANK OF INDIA, useful for reading each quarter in context.
STATE BANK OF INDIA annual income statement| Particulars | FY262026-03-31 | FY252025-03-31 | FY242024-03-31 | FY232023-03-31 |
|---|
| Revenue / Sales | ₹3,81,709 cr | ₹3,49,523 cr | ₹3,23,614 cr | ₹2,70,337 cr |
|---|
| Interest cost | ₹3,15,005 cr | ₹3,00,943 cr | ₹2,59,736 cr | ₹1,89,981 cr |
|---|
| Profit before tax | ₹1,14,028 cr | ₹1,06,365 cr | ₹91,240 cr | ₹75,399 cr |
|---|
| Tax expense | ₹28,860 cr | ₹27,348 cr | ₹23,102 cr | ₹18,840 cr |
|---|
| Effective tax rate | 25.3% | 25.7% | 25.3% | 25.0% |
|---|
| Net profit (PAT) | ₹83,299 cr | ₹77,561 cr | ₹67,085 cr | ₹55,648 cr |
|---|
| Net profit margin | 21.8% | 22.2% | 20.7% | 20.6% |
|---|
| Basic EPS | ₹91.16 | ₹86.91 | ₹75.17 | ₹62.35 |
|---|
| Diluted EPS | ₹91.16 | ₹86.91 | ₹75.17 | ₹62.35 |
|---|
Revenue trend and demand read-through
Topline for Q2 FY27 came in at ₹1,32,019 cr, and ₹97,814 cr in the preceding Q1 FY27 quarter.
On a sequential basis revenue grew +35.0%. Sequential moves are the quickest read on demand momentum because they strip out the base effect of a year-old quarter, though seasonality can distort a single quarter.
Margins, tax and profitability
Net profit of ₹23,038 cr works out to a net margin of 17.5%.
Below the operating line, STATE BANK OF INDIA reported a tax charge of ₹6,971 cr. Reading these together with operating profit shows how much of the quarter's earnings were driven by the core business versus financing and tax movements.
Sequentially, net profit moved from ₹24,113 cr in Q1 FY27 to ₹23,038 cr in Q2 FY27, a change of -4.5%.
Trailing twelve months and annual context
Across the trailing four quarters STATE BANK OF INDIA has generated revenue of ₹4,37,824 cr and net profit of ₹88,111 cr, a trailing net margin of 20.1%. The trailing view smooths out one-off quarters and is the number most valuation multiples are built on.
On a full-year basis, FY26 revenue was ₹3,81,709 cr with net profit of ₹83,299 cr and EPS of ₹91.16, versus the prior year where revenue grew +9.2% and profit grew +7.4%.
What to watch in the next SBIN quarter
For the coming quarters the numbers worth tracking on this page are revenue momentum, the operating margin trend and whether EPS keeps pace with profit growth. A single weak quarter matters less than the direction over three to four consecutive quarters.
No next results date is available in the board-meeting calendar. Statement figures update when Yahoo Finance makes them available; this is not an immediate exchange-filing feed.
Financial figures here are supplied through Yahoo Finance fundamentals and shown in ₹ crore, without adjustment. This is information and analysis, not investment advice.
SBIN results coverage
SBIN results date history
STATE BANK OF INDIA past board meeting dates for financial results| Board meeting date | Purpose | Details |
|---|
| 3 Nov 2026 | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
More on SBIN
SBIN quarterly results FAQs
What were STATE BANK OF INDIA (SBIN) Q2 FY27 results?
In Q2 FY27 (quarter ended 30 Sept 2026), STATE BANK OF INDIA reported revenue of ₹1,32,019 cr and net profit of ₹23,038 cr. EPS stood at —.
What is SBIN profit margin in Q2 FY27?
STATE BANK OF INDIA posted a net profit margin of 17.5% and an operating margin of not available in Q2 FY27. On a trailing twelve-month basis, revenue is ₹4,37,824 cr and net profit ₹88,111 cr.
Did SBIN results beat the previous quarter?
STATE BANK OF INDIA net profit changed -4.5% quarter on quarter, from ₹24,113 cr in Q1 FY27 to ₹23,038 cr in Q2 FY27.
When are STATE BANK OF INDIA (SBIN) quarterly results?
STATE BANK OF INDIA has not yet intimated its next results date to the exchange. This page updates automatically from the exchange board-meeting calendar.
Where can I see SBIN latest quarterly results?
Our latest SBIN results coverage — "State Bank Of India Q2 FY27 Results: Net Profit ₹23,038 cr" — breaks down revenue, profit, margins and management commentary.
What is STATE BANK OF INDIA annual revenue and profit?
For FY26, STATE BANK OF INDIA reported full-year revenue of ₹3,81,709 cr and net profit of ₹83,299 cr, with EPS of ₹91.16.
How many quarterly results has SBIN declared recently?
SBIN has held 1 recent board meetings for financial results, the last on 3 Nov 2026.
Results dates: NSE board-meeting calendar. Financial figures: Yahoo Finance fundamentals, not a direct exchange filing feed. Last successful data fetch 3 Nov 2026. Figures can be delayed; results change only when the provider publishes them. For information only, not investment advice.