| Final at Yunak Stadium, Sofia, att. 12,000 | | date | team 1 | score | team 2 | HT | | Sun 09.05.48 | Lokomotiv Sofia | 1-0 | Slavia-Chengelov Plovdiv | 1-0 |  1-0 Stefanov 33' Referee: Stefan Danchev, Varna. | | Lokomotiv: Kostov, Ormandzhiev, Nedyalkov-c, Angelov, Petkov, Hristov, Milushev, Blagoev, Stefanov, Milev, Argirov. | Slavia-Chengelov: Arov, Met. Karayanev, Belkov, Sabev, Finnkov, Asp. Karayanev-c, Minkov, Bacvarov, Paunov, Lazarov, Dimitrov. |
| date | team 1 | score | team 2 | HT | | Sun 02.05.48 | Lyubislav Burgas | 0-3 | Lokomotiv Sofia | | | 0-1 Argirov 0-2 Argirov 0-3 Argirov Kolodruma 8,000 | | Sun 02.05.48 | Slavia-Chengelov Plovdiv | 3-0 | Orlov Dobrich | 1-2 | | 0-1 Stoyanov 1-1 Minkov 2-1 Minkov 2-2 Vasilev 2-3 Valkanov igriste BDZh 8,000. | | Match ended 2-3. Borislav Kovachev from Orlov Dobrich was ineligable. Replay was ordered, but Orlov Dobrich refused to travel to Plovdiv again. |
| date | team 1 | score | team 2 | HT | | Sun 25.04.48 | Lokomotiv Sofia | 7-0 | Septemvri Silistra | | | Argirov 3 Yunak stadium. | | Sun 25.04.48 | Lyubislav Burgas | 2-0 | Dinamo Nova Zagora | | | Sun 25.04.48 | Orlov Dobrich | 3-1 | Gen. Evstati Vinarov Pleven | | | Sun 25.04.48 | Ilinden Petrich | 1-2 | Slavia-Chengelov Plovdiv | | | Paunov, Minkov |
| date | team 1 | score | team 2 | HT | | Sun 25.04.48 | Slivnishki Geroy Slivnitsa | 1-5 | Lokomotiv Sofia | | | Milev, Argirov, Blagoev, Delev | | Sun 25.04.48 | Septemvri Silistra | 3-0 | Hristo Mihaylov Mihaylovgrad | |
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