SBI Q1 Results Preview FY 2025-26: State Bank of India (SBI), the country's largest state-run lender, will announce its quarterly results (Q1 FY2026) on
Friday (August 7). According to an ET NOW poll, SBI is expected to report flat numbers with standalone net profit seen at Rs 17,095 crore, up 0.35 per cent from Rs 17,035.2 crore in same quarter of the last fiscal.
The lender's net interest income (NII) is estimated to show an increase of just 0.8 per cent YoY to Rs 41,460 crore in the quarter under preview. The bank's NII in June quarter of previous fiscal stood at Rs 41,125.5 crore.
The poll said that SBI's Pre-Provision Operating Profit (PPOP) could increase 2.1 per cent to Rs 27,000 crore in the quarter versus Rs 26,448.6 crore in the corresponding quarter of the previous financial year. PPOP is the amount earned by banks or financial institutions before taking into account funds set aside to provide for future bad debts.
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The banks' Gross Non-Performing Assets (GNPA) is expected to be 1.8 per cent on June 2025 quarter versus 1.82 per cent in March 2025 quarter. The Net Non-Performing Assets (NNPA) is seen flat at 0.47 per cent on QoQ basis, as per ET NOW poll.
SBI Q1 FY2026 Results: Factors At Play
- Loan growth expected to be 11 to 12 per cent.
- Deposit growth expected to be 12 to 13 per cent.
- Whole bank NIM (Net Interest Margin): 2.8 per cent to 2.9 per cent vs 3 per cent QoQ.
- Slippages up 85 per cent QoQ ad down 9 per cent YoY.
- Expect cost ratios to remain under control.
- Margins expected see moderation.
- Lower staff costs and higher contribution from treasury income is supporting operating income.
- Likely to see lower recovery and upgrade as well.
- Business growth trajectory to be a key monitorable.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
