SBI Q1FY27 Profit Surges 13.73% to ₹24,113 Cr

State Bank of India (SBI) has reported a significant financial uplift for the first quarter ended June 30, 2026, with its consolidated net profit soaring by 13.73%. The banking giant’s Q1FY27 consolidated net profit reached Rs 24,113.00 crore, demonstrating robust performance.

This substantial consolidated profit figure represents a notable increase when compared to the Rs 21,201.47 crore recorded in the same quarter of the previous fiscal year. Supporting this growth, SBI’s consolidated total income also experienced a healthy rise, climbing by 7.83% to a total of Rs 1,80,061.86 crore for Q1FY27.

The consolidated total income for the quarter marks a strong improvement from the Rs 1,66,991.82 crore reported in the corresponding period of the prior year. These figures highlight broad-based revenue generation across the bank’s various operations.

Shifting focus to standalone performance, SBI’s net profit, on an individual entity basis, registered a 10.23% uptick. This brought the standalone net profit to Rs 21,121.22 crore for the three-month period ending June 30, 2026.

This standalone profit figure shows a positive trajectory from the Rs 19,160.44 crore reported in the identical period last year. Concurrently, the standalone total income for the bank expanded by 6.26%, achieving Rs 1,43,819.15 crore for Q1FY27.

This standalone total income for the current quarter compares to Rs 1,35,341.56 crore in the first quarter of the previous fiscal year. The consistent growth across both consolidated and standalone metrics underscores the bank’s stable financial health.