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SBI Q3 Results: Its net interest income (NII), which is the difference between interest earned and interest expended, increases 9% YoY to Rs 45,190 crore, up from Rs 41,445 crore.
SBI Q3 Results.
SBI Q3 Results: State Bank of India on Saturday reported a 24.5 per cent year-on-year jump in its standalone net profit to Rs 21,028 crore for the third quarter ended December 31, 2025. The state-owned lender’s net interest income (NII), which is the difference between interest earned and interest expended, increased 9 per cent YoY to Rs 45,190 crore, up from Rs 41,445 crore.
Its net profit had stood at Rs 16,891 crore in the corresponding period last year.
On a consolidated basis, the state-owned lender reported a 13.06 per cent increase in profit at Rs 21,317 crore, as per a regulatory filing.
SBI reported a sequential improvement in asset quality during the quarter. Gross non-performing assets (NPAs) declined to Rs 73,636.8 crore from Rs 76,243 crore in the December 2025 quarter, while net NPAs eased to Rs 18,012 crore from Rs 18,460 crore QoQ.
The gross NPA ratio improved to 1.57 per cent from 1.73 per cent in the previous quarter, and the net NPA ratio declined to 0.39 per cent from 0.42 per cent.
Provisions for the quarter stood at Rs 4,506 crore, lower than Rs 5,400 crore in the previous quarter and sharply down from Rs 911 crore a year earlier, indicating easing credit costs.
SBI’s net interest margin (NIM) came in at 3.12 per cent, compared with 3.15 per cent in the year-ago period. The slippage ratio for Q3FY26 remained contained at 0.40 per cent.
Overall capital adequacy stood at 14.04 per cent as of December 31, 2025, with the core buffer at 10.99 per cent.
At a press conference, SBI Chairman C S Setty said a special dividend of Rs 2,200 crore from SBI MF helped the profit growth in Q3 along with rise in fee income, recoveries from written off accounts and also net interest income.
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February 07, 2026, 15:38 IST
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