| Final Ranking | pts | w | d | l | gf | ga | g+- | m | -?? | | 1. Luch Moskva | RUS | 30 | 15 | 0 | 3 | 291: | 203 | +88 | 18 | | | 2. Kalininets Sverdlovsk | RUS | 28 | 13 | 2 | 3 | 224: | 153 | +71 | 18 | 0:-4 | | 3. Spartak Kiev | UKR | 25 | 10 | 5 | 3 | 246: | 187 | +59 | 18 | | | 4. Spartak Baku | AZE | 24 | 10 | 4 | 4 | 230: | 175 | +55 | 18 | | | 5. Zhalgiris Kaunas | LTU | 23 | 10 | 3 | 5 | 274: | 206 | +68 | 18 | | | 6. Shviesa Vilnius | LTU | 19 | 9 | 1 | 8 | 219: | 224 | -5 | 18 | | | 7. Lokomotiv Odesa | UKR | 11 | 5 | 1 | 12 | 188: | 271 | -83 | 18 | -4:0 | | 8. Burevestnik Kiev | UKR | 9 | 4 | 1 | 13 | 166: | 234 | -68 | 18 | | | eliminated in Regular Season | | 9. DSK-3 Kiev | UKR | 7 | 3 | 1 | 7 | 125: | 150 | -25 | 11 | | | 10.Burevestnik Alma Ata | KAZ | 4 | 2 | 0 | 9 | 116: | 183 | -67 | 11 | | | 11.Burevestnik Cherkassi | UKR | 4 | 2 | 0 | 9 | 107: | 136 | -29 | 11 | | | 12.Tekstilschik Tashkent | UZB | 4 | 2 | 0 | 9 | 117: | 181 | -64 | 11 | |
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| No European Cups 1968/1968 due to Soviet invasion in Czechoslovakia. | | All matches played in Spring of 1968 due to preparation for World Championship World Women 1968, which was cancelled. |
| New teams: Burevestnik Kiev and DSK-3 Kiev. |
| Format | | 1. Round Robin played in 2 Rounds. First 8 progress. | | 2. Final Round. |
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| Ranking Final Round | pts | w | d | l | gf | ga | g+- | m | Rk. | | 1. Kalininets Sverdlovsk | RUS | 11 | 5 | 1 | 1 | 71: | 55 | +16 | 7 | 2. | | 2. Spartak Baku | AZE | 10 | 4 | 2 | 1 | 92: | 76 | +16 | 7 | 4. | | 3. Zhalgiris Kaunas | LTU | 8 | 3 | 2 | 2 | 81: | 76 | +5 | 7 | 5. | | 4. Luch Moskva | RUS | 8 | 4 | 0 | 3 | 111: | 83 | +28 | 7 | 1. | | 5. Spartak Kiev | UKR | 8 | 3 | 2 | 2 | 81: | 74 | +7 | 7 | 3. | | 6. Shviesa Vilnius | LTU | 7 | 3 | 1 | 3 | 80: | 77 | +3 | 7 | 6. | | 7. Lokomotiv Odesa | UKR | 3 | 1 | 1 | 5 | 75: | 113 | -38 | 7 | 7. | | 8. Burevestnik Kiev | UKR | 1 | 0 | 1 | 6 | 58: | 95 | -37 | 7 | 8. |
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| Team | Luch | Kali | SpKi | SpBa | Zhal | Shvi | LoOd | BuKi | | Luch Moskva | ----- | | 19:11 | | | 17:13 | 24:14 | 17:7 | | Kalininets Sverdlovsk | 10:9 | ----- | 7:6 | | 10:10 | 12:7 | 13:9 | 13:4 | | Spartak Kiev | | | ----- | 10:10 | 8:8 | 12:9 | 22:11 | 12:10 | | Spartak Baku | 17:16 | 10:6 | | ----- | | 12:12 | 18:11 | 12:6 | | Zhalgiris Kaunas | 11:9 | | | 15:13 | ----- | | | 16:12 | | Shviesa Vilnius | | | | | 11:10 | ----- | 14:6 | 14:8 | | Lokomotiv Odesa | | | | | 13:11 | | ----- | 11:11 | | Burevestnik Kiev | | | | | | | | ----- |
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| played in Voroshilovgrad(Lugansk)(UKR) 17-25.05. |
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| Ranking Regular Season | pts | w | d | l | gf | ga | g+- | m | | 1. Luch Moskva | 22 | 11 | 0 | 0 | 180: | 120 | +60 | 11 | | 2. Spartak Kiev | 17 | 7 | 3 | 1 | 165: | 113 | +52 | 11 | | 3. Kalininets Sverdlovsk | 17 | 8 | 1 | 2 | 153: | 98 | +55 | 11 | | 4. Zhalgiris Kaunas | 15 | 7 | 1 | 3 | 193: | 130 | +63 | 11 | | 5. Spartak Baku | 14 | 6 | 2 | 3 | 138: | 99 | +39 | 11 | | 6. Shviesa Vilnius | 12 | 6 | 0 | 5 | 139: | 147 | -8 | 11 | | 7. Burevestnik Kiev | 8 | 4 | 0 | 7 | 108: | 139 | -31 | 11 | | 8. Lokomotiv Odesa | 8 | 4 | 0 | 7 | 113: | 158 | -45 | 11 | | 9. DSK-3 Kiev | 7 | 3 | 1 | 7 | 125: | 150 | -25 | 11 | | 10.Burevestnik Alma Ata | 4 | 2 | 0 | 9 | 116: | 183 | -67 | 11 | | 11.Burevestnik Cherkassi | 4 | 2 | 0 | 9 | 107: | 136 | -29 | 11 | | 12.Tekstilschik Tashkent | 4 | 2 | 0 | 9 | 117: | 181 | -64 | 11 |
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| Team | Luch | Kali | SpKi | SpBa | Zhal | Shvi | LoOd | BuKi | DSK3 | BuAA | BuCh | Teks | | Luch Moskva | ----- | 16:11 | 11:10 | 13:10 | 13:12 | 16:14 | 23:10 | 15:13 | 18:12 | 15:10 | 14:10 | 26:8 | | Kalininets Sverdlovsk | | ----- | | 9:9 | 12:8 | 14:8 | 21:11 | 15:6 | 19:8 | 17:5 | 10:9 | 16:8 | | Spartak Kiev | | 10:9 | ----- | 8:8 | 16:16 | 23:12 | 21:11 | 18:8 | 9:9 | 20:11 | 12:9 | 18:9 | | Spartak Baku | | | | ----- | 12:11 | | | 12:7 | 9:7 | 24:12 | 20:6 | 17:6 | | Zhalgiris Kaunas | | | | | ----- | 12:4 | 22:11 | 24:18 | 23:16 | 25:6 | 15:10 | 25:12 | | Shviesa Vilnius | | | | 10:8 | | ----- | 10:8 | 16:8 | 18:16 | 20:13 | | 17:16 | | Lokomotiv Odesa | | | | 10:9 | | | ----- | | 9:8 | 15:14 | 12:11 | | | Burevestnik Kiev | | | | | | | 8:7 | ----- | | 11:6 | 10:7 | 10:8 | | DSK-3 Kiev | | | | | | | | 11:9 | ----- | | 10:9 | 17:15 | | Burevestnik Alma Ata | | | | | | | | | 12:11 | ----- | 15:9 | | | Burevestnik Cherkassi | | | | | | 13:10 | | | | | ----- | 14:8 | | Tekstilschik Tashkent | | | | | | | 11:9 | | | 16:12 | | ----- |
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| Round 1 - 17-22.03 Kaunas (LTU) and Ivano-Frankovsk (UKR). | | Round 2 - 22-28.04 - Sverdlovsk (RUS). |
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