Did SBI's Operating Profit Surpass Rs 1.10 Lakh Crore in FY25?
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Synopsis
The State Bank of India has reported significant gains in its financial performance for FY25, with operating profit exceeding Rs 1.10 lakh crore. This growth reflects the bank's robust revenue generation, improved asset quality, and increasing digital account acquisitions, positioning SBI favorably in the competitive banking sector.
Key Takeaways
- Operating profit for FY25 reached over Rs 1.10 lakh crore.
- Net profit grew by 16.08% to Rs 70,901 crore.
- Net interest income increased by 4.43%.
- Dividend declared at Rs 15.9 per share.
- Gross NPA ratio improved to 1.82%.
New Delhi, May 3 (NationPress) The State Bank of India (SBI) has announced a remarkable 17.89% increase in operating profit for the fiscal year 2025, surpassing Rs 1.10 lakh crore. The operating profit for the fourth quarter (Q4) also saw an 8.83% year-on-year growth, reaching Rs 31,286 crore.
As the nation's largest bank by assets, SBI reported a net profit of Rs 70,901 crore for FY25, reflecting a 16.08% growth compared to the previous year, as disclosed in their stock exchange filing.
In Q4, the profit after tax (PAT) rose to Rs 20,698 crore, up from Rs 16,891 crore in the preceding quarter (Q3).
The net interest income (NII) for FY25 saw a 4.43% increase. For the quarter, NII, which is the core income, grew by 2.7% to reach Rs 42,775 crore.
The SBI board has announced a dividend of Rs 15.9 per share.
According to the filing, the gross non-performing asset (NPA) ratio improved by 42 bps to 1.82%, while the net NPA ratio decreased by 10 bps to 0.47% (year-on-year).
“Whole Bank Deposits experienced a 9.48% YoY growth. CASA Deposits increased by 6.34% YoY, with the CASA ratio standing at 39.97% as of March 31, 2025,” stated the bank.
Advances to SMEs exceeded Rs 5 lakh crore, marking a growth of 16.86%, while agricultural advances rose by 14.29%. Retail personal advances and corporate advances recorded annual growth rates of 11.40% and 9.00%, respectively.
SBI reported an improvement in the slippage ratio for FY25, which stood at 0.55%, a 7 bps improvement. The slippage ratio for Q4 improved by 1 bp YoY, reaching 0.42%.
The bank revealed that 64% of savings accounts were opened digitally through YONO, while the share of alternative channels in total transactions grew from 97.8% in FY24 to 98.2% in FY25.
SBI's return on assets (ROA) and return on equity (ROE) for FY25 were 1.10% and 19.87%, respectively.
Point of View
I believe SBI's impressive financial results underscore its solid performance amid evolving market conditions. The bank’s robust growth in operating profit and net interest income highlights its resilience and adaptability in a competitive landscape, ensuring confidence among stakeholders and customers alike.
NationPress
21/05/2025
Frequently Asked Questions
What was SBI's operating profit for FY25?
SBI's operating profit for FY25 exceeded Rs 1.10 lakh crore, reflecting a growth of 17.89%.
How much did SBI's net profit grow in FY25?
SBI's net profit for FY25 was Rs 70,901 crore, marking a 16.08% year-on-year increase.
What was the growth rate of SBI's net interest income?
The net interest income (NII) for FY25 increased by 4.43%.
What dividend was declared by SBI?
SBI's board declared a dividend of Rs 15.9 per share.
How did SBI's NPA ratios perform?
The gross NPA ratio improved to 1.82%, while the net NPA ratio improved to 0.47%.
