In the third quarter (Q3) of the financial year 2025–26, ending December, public sector banking major State Bank of India (SBI) reported a strong financial performance. During this quarter, the bank, along with its subsidiaries on a consolidated basis, recorded a net profit of ₹21,317 crore on a total income of ₹1.85 lakh crore. This reflects a growth of 13.06 percent compared to the net profit of ₹18,853 crore recorded in the corresponding period of the previous financial year (2024–25).
On a standalone basis, excluding subsidiary performance, SBI also posted a record net profit of ₹21,028 crore in Q3. The bank’s standalone income during the quarter stood at ₹1,40,915 crore. Compared to the net profit of ₹16,891 crore reported in the same quarter of the previous financial year, this represents a robust growth of 24.48 percent.
SBI Chairman Challa Srinivasulu Shetty stated that the strong Q3 performance was significantly supported by a special dividend of ₹2,200 crore received from its subsidiary, SBI Mutual Fund.
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