SBI Q1 FY27 Profit Rises 12% To ₹24,113 Crore

State Bank of India is one of the biggest banks in the country.

It keeps people's money safe and lends it to people who want to buy homes or start businesses.

On 7 August 2026, SBI announced how much money it made in the three months from April to June 2026.

The bank earned a profit of ₹24,113 crore, which is a really big amount of money.

That is 12 percent more than it earned in the same three months last year, so the bank did better.

Its total income also grew, reaching ₹1,80,061.86 crore.

The bank also spent more money this year than last year on running its business.

For every share of the bank, it earned about ₹21.28 this quarter.

SBI keeps some money aside as a safety backup in case loans are not paid back.

Overall, the announcement shows the bank is making more money than before.