SBI Q2 results: net profit reported up 14% to Rs 23,038 crore

1. What happened

   According to The Times of India, State Bank of India's (SBI) second-quarter net profit rose 14% to Rs 23,038 crore. ThePrint reported that the profit beat analyst estimates, helped by loan growth and a one-time gain.

2. When it started

   The results were reported around 2 to 3 November 2026, with the trend topic starting on 3 November 2026. The exact release time was not included in the sources provided.

3. How it spread

   The figures come from earnings coverage by The Times of India and ThePrint. A BusinessLine roundup of the day's Q2 results also listed SBI among companies reporting quarterly numbers, but its article text was not available to confirm details.

4. Why it matters

   SBI is one of India's largest lenders, so its quarterly profit is closely watched by investors and as a sign of the wider banking sector. The sources do not give details on the size of the one-time gain or on the bank's outlook.