Mumbai: India’s largest public-sector lender, State Bank of India (SBI), has posted a robust set of financial results for the fourth quarter and full financial year ended March 31, 2025, registering strong profitability and steady improvement in asset quality.
The bank’s net profit for FY25 stood at an all-time high of ₹70,901 crore, marking a 16.08% year-on-year (YoY) growth, while Q4FY25 net profit came in at ₹18,643 crore, reinforcing the bank’s operational resilience and earnings momentum.
Operating Profit Crosses ₹1 Lakh Crore
SBI’s operating profit for the full year breached the ₹1 lakh crore mark for the first time, reaching ₹1,10,579 crore, a 17.89% increase YoY. For the quarter ended March 2025, the operating profit rose to ₹31,286 crore, registering 8.83% YoY growth.
Asset Quality Continues to Improve
SBI reported further improvement in its asset quality metrics:
- Gross Non-Performing Assets (NPA) ratio stood at 1.82%, down by 42 basis points (bps) YoY.
- Net NPA came in at 0.47%, showing an improvement of 10 bps YoY.
- Slippage ratio for FY25 improved by 7 bps, standing at 0.55%, while for Q4FY25, it stood at 0.42%, down by 1 bp YoY.
Capital Position and Market Response
The Capital Adequacy Ratio (CAR) as of March 31, 2025, stood at a healthy 14.25%, well above the regulatory minimum, reflecting SBI’s strong capital buffer and capacity to support future credit growth.
Following the announcement of the results, SBI shares surged 1.41%, trading at ₹799.80 on the stock exchanges, as investors reacted positively to the earnings and improving asset quality.
About State Bank of India
SBI is India’s largest public sector bank and a leading financial institution with a significant domestic and global presence. Headquartered in Mumbai, SBI is a Fortune 500 company and plays a vital role in the Indian economy, serving as the backbone of the country’s banking and financial services.
