State Bank of India Reports 12% Increase in Net Profit
State Bank of India (SBI) has announced a 12% year-on-year increase in its net profit for the April-June 2025 quarter. The net profit has reached Rs 19,160 crore. This surpasses market expectations, which had estimated earnings at Rs 17,095 crore.
Financial Highlights
- Total Income: Grew 10.31% to Rs 1.35 lakh crore, up from Rs 1.22 lakh crore last year.
- Net Interest Income: Remained almost flat at Rs 41,072 crore, down 0.13% from the previous year.
- Operating Profit: Rose 15.49% to Rs 30,544 crore, driven by a 55.40% jump in non-interest income.
- Return on Assets (ROA): Improved slightly to 1.14% from 1.10%.
- Return on Equity (ROE): Slipped to 19.70% from 20.98%.
Business Growth
- Total Loans: Increased 11.61% to Rs 42.55 lakh crore, with growth across sectors:
- Retail Personal Loans: Up 12.56%
- SME Loans: Up 19.10%
- Agricultural Loans: Up 12.67%
- Corporate Loans: Up 5.70%
- Total Deposits: Rose 11.66% to Rs 54.73 lakh crore:
- Current Account Deposits: Up 30.69%
- Savings Bank Deposits: Up 4.71%
Asset Quality and Capital
- Gross NPA: Dropped to 1.83% from 2.21%
- Net NPA: Improved to 0.47% from 0.57%
- Capital Adequacy Ratio (CRAR): 14.63% as of June 30, 2025
- Common Equity Tier-1 (CET-1) Ratio: 11.10%
SBI’s strong performance reflects its resilience and growth across various sectors, despite challenges in net interest margin. The bank remains financially strong with improved asset quality and stable credit costs
