SBI Q1 Results, Aug. 8 -- State Bank of India (SBI) on Friday, August 8, reported a 12.5 per cent year-on-year (YoY) growth in its Q1FY26 standalone profit to Rs.19,160.44 crore. In the same quarter last year, the PSU bank's profit was Rs.17,035.16 crore.

During the quarter, SBI's interest earnings were Rs.1,17,995.88 crore, up 5.80 per cent from the interest earned of Rs.1,11,525.98 crore in Q1FY25.

The bank's operating profit grew by 15.49 per cent YoY to Rs.30,544 crore in Q1FY26.

SBI's net interest income (NII) for Q1FY26 decreased by 0.13 per cent YoY to Rs.41,072 crore.

Whole bank and domestic NIM for Q1FY26 stood at 2.90 per cent and 3.02 per cent, respectively. Domestic NIM declined by 33 bps YoY.

Gross advances grew healthy ...