State Bank of India's Q3 FY 2025-26 Quarterly Results
- 08 Feb 2026
Result Summary
- State Bank of India reported a 5.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 10.6%.
- Its expenses for the quarter were up by 4.3% QoQ and 6.9% YoY.
- The net profit increased 1.4% QoQ and increased 13.8% YoY.
- The earnings per share (EPS) of State Bank of India stood at 23.09 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 185648.33 | 175897.79 | 167853.57 | 5.5% | 10.6% |
Total Expenses | 150033.16 | 143780.82 | 140288.98 | 4.3% | 6.9% |
Provisions & contingencies | 5548.46 | 6486.90 | 1998.19 | -14.5% | 177.7% |
Profit Before Tax | 30066.71 | 28656.64 | 25566.40 | 4.9% | 17.6% |
Tax | 8190.67 | 7152.15 | 6391.05 | 14.5% | 28.2% |
Profit After Tax | 22175.72 | 21860.59 | 19483.78 | 1.4% | 13.8% |
Earnings Per Share | 23.09 | 22.81 | 21.12 | 1.2% | 9.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
State Bank of India (SBI) is a multinational, public sector banking and financial services company headquartered in Mumbai, India. As one of the largest banks in India, SBI offers a broad range of banking products and services to both individual and corporate clients. These services include personal banking, corporate banking, agricultural banking, and international banking. The bank is also involved in insurance and investment services, making it a diversified financial institution. SBI has a significant presence in the Indian market and a growing international footprint. Any recent major developments in the company are not available in the provided data.
Revenue
In the third quarter of fiscal year 2026 (Q3FY26), State Bank of India reported a total income of ₹185,648.33 crores. This represents a quarter-over-quarter (QoQ) increase of 5.5% from ₹175,897.79 crores in Q2FY26. Furthermore, on a year-over-year (YoY) basis, total income increased by 10.6% from ₹167,853.57 crores in Q3FY25. The consistent growth in total income over both the quarterly and yearly periods highlights the company's ability to enhance its revenue streams during these periods.
Profitability
During Q3FY26, State Bank of India achieved a profit before tax of ₹30,066.71 crores, marking a QoQ growth of 4.9% from ₹28,656.64 crores in the previous quarter (Q2FY26) and a YoY growth of 17.6% from ₹25,566.40 crores in Q3FY25. The profit after tax for Q3FY26 was ₹22,175.72 crores, showing a marginal QoQ increase of 1.4% from ₹21,860.59 crores in Q2FY26, and a YoY increase of 13.8% from ₹19,483.78 crores in Q3FY25. The tax expenses for Q3FY26 were ₹8,190.67 crores, which rose by 14.5% QoQ and 28.2% YoY, reflecting a significant increase in tax liability over the periods. Earnings per share (EPS) stood at ₹23.09 in Q3FY26, with a QoQ growth of 1.2% and a YoY growth of 9.3%.
Operating Metrics
State Bank of India’s total expenses in Q3FY26 amounted to ₹150,033.16 crores, representing a QoQ rise of 4.3% from ₹143,780.82 crores in Q2FY26, and a YoY increase of 6.9% from ₹140,288.98 crores in Q3FY25. Provisions and contingencies for Q3FY26 were reported at ₹5,548.46 crores, showing a significant decrease of 14.5% QoQ from ₹6,486.90 crores in Q2FY26, yet a substantial increase of 177.7% YoY from ₹1,998.19 crores in Q3FY25. This variation in provisions and contingencies highlights significant changes in the company's reserve requirements over these periods. The financial ratios such as the P/E ratio, debt-to-equity ratio, and current ratio are not directly calculable from the provided data, requiring additional information for accurate computation.