Updated: Saturday 24 October 2026
- 8 companies of the 12 in the Nifty PSU Bank index have reported Q2 FY27 results.
- Combined net profit: ₹25,655 crore, 18.25% higher than a year earlier.
- Combined total income: ₹1,84,369 crore, 7.19% higher than a year earlier.
- Net profit margin: 13.92% (12.61% a year earlier).
- 4 companies still to report.
The Nifty PSU Bank Q2 FY27 results show 8 companies reported a combined net profit of ₹25,655 crore, which is 18.25% higher than a year earlier. These 8 companies recorded a combined total income of ₹1,84,369 crore, 7.19% higher than the same quarter a year earlier.
Nifty PSU Bank Q2 FY27 results: the combined numbers
| Q2 FY27 | A year earlier | Change | Companies | |
|---|---|---|---|---|
| Total income | 1,84,369 | 1,72,002 | +7.19% | 8 |
| Net profit | 25,655 | 21,696 | +18.25% | 8 |
| Net profit margin | 13.92% | 12.61% | +1.30 pts | 8 |
Combined figures add the companies that reported both the quarter and the same quarter a year earlier, so they compare like with like. A company that has not reported is not in them.
The combined net profit margin for the 8 companies reached 13.92%, compared to 12.61% a year earlier. Net profit was higher in every company and lower in no company.
Nifty PSU Bank companies that have reported Q2 FY27
| Company | Total income | Net profit | Total income change | Net profit change | Net profit margin | Basis |
|---|---|---|---|---|---|---|
| Union Bank of India | 33,471 | 5,570 | +3.90% | +30.11% | 16.64% | consolidated |
| Punjab National Bank | 38,791 | 5,561 | +5.74% | +14.69% | 14.34% | consolidated |
| Canara Bank | 40,939 | 5,182 | −2.56% | +6.50% | 12.66% | consolidated |
| Indian Bank | 23,336 | 3,447 | +21.09% | +13.36% | 14.77% | consolidated |
| Bank of India | 24,137 | 3,222 | +16.38% | +27.58% | 13.35% | consolidated |
| Central Bank of India | 11,774 | 1,475 | +14.50% | +20.96% | 12.53% | consolidated |
| UCO Bank | 8,174 | 786 | +10.14% | +26.77% | 9.61% | standalone |
| Punjab & Sind Bank | 3,747 | 412 | +11.06% | +39.88% | 11.00% | standalone |
Union Bank of India reported the largest net profit of ₹5,570 crore. Punjab & Sind Bank recorded the largest net profit change on a year earlier at 39.88% higher. Canara Bank posted a net profit change of 6.50% higher.
Nifty PSU Bank companies still to report
| Company | Board meeting |
|---|---|
| Bank of Baroda | 30 Oct 2026 |
| Indian Overseas Bank | 26 Oct 2026 |
| Bank of Maharashtra | 26 Oct 2026 |
| State Bank of India | Date not announced |
Bank of Baroda reports on 30 October 2026, while Indian Overseas Bank and Bank of Maharashtra report on 26 October 2026. State Bank of India has not announced a date for its 4 companies.
Nifty PSU Bank Q2 FY27 results: FAQs
How did Nifty PSU Bank companies do in Q2 FY27?
8 companies of the 12 in the Nifty PSU Bank index have reported Q2 FY27 results. Their combined net profit was ₹25,655 crore, 18.25% higher than a year earlier. Combined total income was ₹1,84,369 crore, 7.19% higher than a year earlier. Only companies with both quarters are added.
Which Nifty PSU Bank company reported the largest net profit in Q2 FY27?
Union Bank of India, with a net profit of ₹5,570 crore, 30.11% higher than a year earlier.
Which Nifty PSU Bank companies are yet to report Q2 FY27 results?
Bank of Baroda, Indian Overseas Bank, Bank of Maharashtra, State Bank of India. The table lists the board-meeting dates the companies have announced.
Results are the companies’ filings to the exchanges; board-meeting dates are from their notices. Calculations are by ThePip. For information only; not investment advice.