SBI net profit up 19% on

MUMBAI: State Bank of India on Saturday reported a 19.35% rise in standalone net profit to Rs 20160 crore for the quarter ended December 31, 2025, helped by a Rs 1521 crore gain in forex and derivatives trading and Rs 3279 crore treasury gains (up 174%).
Net profit was Rs 16,891.4 crore a year earlier. Net interest income increased 5.1% year-on-year to Rs 45,190.4 crore, as interest income growth outpaced a modest rise in funding costs.
State Bank of India’s Q3 FY26 profit surge was driven primarily by a sharp rise in non-interest income, which outweighed the gains from core lending. While net interest income rose by Rs 3,744 crore, or 9.04% year-on-year, non-interest income jumped by a much larger Rs 7,318 crore, a 66.28% increase, making it the single biggest contributor to the rise in net profit to a record Rs 21,028 crore. The jump was led by a 175% surge in profit from sale and revaluation of investments to Rs 3,279 crore, a 15.65% rise in fee income to Rs 8,404 crore, a sharp spike in forex and derivatives income to Rs 1,521 crore from a low base, and a doubling of miscellaneous income to Rs 5,154 crore.