Archive · 4 Nov 2025
SBI Reports 10% Net Profit Rise in Q2 FY26 Driven by Yes Bank Stake Sale
SBI, a big bank in India, shared its financial results for the three months ending September.
They made more money than last year, about 10% more, which is over 20,000 crore rupees!
A big reason for this extra money was that they sold some of their shares in two other banks, Yes Bank and Jio Payments Bank.
This sale brought in a large profit.
Even though they made money from selling shares, the money they earned from their main banking activities, like lending money and taking deposits, also grew a little bit.
Their business of lending money and taking deposits grew by about 3.3%.
Also, the bank is doing a better job of managing the money that isn't being paid back by borrowers, meaning fewer 'bad loans'.
SBI reported a net profit of Rs 20,160 crore for Q2 FY26, a 9.97% increase year-on-year.
Net Interest Income (NII) rose by 3.3% YoY to Rs 42,985 crore.
The bank recorded an exceptional gain of Rs 4,593 crore from the divestment of its 13.18% stake in Yes Bank.
SBI also divested its entire stake in Jio Payments Bank.
Asset quality improved with Gross NPA falling to 1.73% and Net NPA to 0.42%.
- Who
- State Bank of India (SBI)
- What
- Reported a 10% increase in net profit for Q2 FY26, largely due to gains from stake sales in Yes Bank and Jio Payments Bank. NII also saw a 3.3% rise.
- When
- For the quarter ended September 30, 2025 (Q2 FY26)
- Where
- India
- Why
- Profit increase driven by exceptional gains from divestments, while operational performance showed moderate growth in NII and improved asset quality.
- Q2 FY26 Net Profit
- Rs 20,160 crore (up 9.97% YoY)
- Q2 FY26 Net Interest Income (NII)
- Rs 42,985 crore (up 3.3% YoY)
- Q2 FY26 Revenue from Operations
- Rs 1,19,654 crore
- Gain from Yes Bank Stake Sale
- Rs 4,593 crore (13.18% equity divested)
- Gain from Jio Payments Bank Stake Sale
- Undisclosed amount
- Domestic Net Interest Margin (NIM)
- 3.09% (down 18 bps YoY)
- Gross Non-Performing Assets (GNPA) Ratio
- 1.73% (down 40 bps YoY)
- Net Non-Performing Assets (NNPA) Ratio
- 0.42% (down 11 bps YoY)
Sources
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SBI Q2 Results: Net Profit Surges 10% To Rs 20,160 YoY
SBI Q2 profit rises 10% led by exceptional gain from stake sale in Yes Bank
Yes Bank stake sale lifts SBI Q2 profit 10% YoY to Rs 20,160 crore; NII up 3%
SBI Q2 net profit jumps 10 pc at Rs 20,160 cr
