The 1942–1943 SM-sarja season of the Finnish Elite League(SM-sarja) took place even though the Continuation War continued on. The season featured 8 teams from 4 cities. Teams played 7 games each.
SM-sarja championship
| SM-sarja | GP | W | T | L | Pts | GF | GA |
|---|---|---|---|---|---|---|---|
| KIF Helsinki | 7 | 6 | 1 | 0 | 13 | 27 | 8 |
| TPS Turku | 7 | 5 | 1 | 1 | 11 | 23 | 9 |
| Ilves Tampere | 7 | 4 | 2 | 1 | 10 | 26 | 7 |
| HSK Helsinki | 7 | 3 | 1 | 3 | 7 | 20 | 17 |
| HJK Helsinki | 7 | 3 | 0 | 4 | 6 | 11 | 14 |
| TBK Tampere | 7 | 1 | 1 | 5 | 3 | 6 | 21 |
| Karhu-Kissat Helsinki | 7 | 1 | 1 | 5 | 3 | 3 | 21 |
| Tarmo Hämeenlinna | 7 | 1 | 1 | 5 | 3 | 10 | 29 |
KIF Wins the 1942–1943 SM-sarja championship.