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SBIFUNDS Q2 FY27 results (Jul–Sep 2026) and concall

Financial Services · Concall AI · Call held 23 Oct 2026

SBI Funds kept its industry leadership with MF QAAUM of INR 13.14 lakh crores (+10% YoY) and a 15% QAAUM share, although its growth lagged the industry's 13%. H1 FY27 operating revenue grew 12% to INR 2,336 crores and operating profit grew 11% to INR 1,797 crores, but Q2 profit came under pressure from a sharp rise in technology, cloud/AI and senior-hiring costs, which made operating profit dip marginally QoQ. Most of the Q&A was about costs, and management gave conflicting messages on how much of the step-up will recur. The growth agenda is focused on alternatives (new AIF head, Cat III and C

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What they filed

Q2 FY27: revenue down 99.1%, net profit down 17.4% against the same quarter last year.

₹ Cr · quarterly
Line itemQ1 FY26Q2 FY26Q4 FY26Q1 FY27Q2 FY27
Revenue1,001 1,095 1,139 15 9 −99%
EBITDA787 866 918 923 913 +16%
Net profit849 746 634 880 701 −17%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.