Financial Results
Awaiting price reaction for this filing.
State Bank of India reported standalone net profit of ₹70,900.63 crore for FY25, up 16.1% from ₹61,076.62 crore in FY24. Q4 FY25 net profit, however, dipped to ₹18,642.59 crore from ₹20,698.35 crore in Q4 FY24. Total income rose 12.3% to ₹5,24,172.41 crore, while operating profit grew nearly 18% to ₹1,10,579.17 crore. Asset quality improved sharply — gross NPAs fell to 1.82% from 2.24% and net NPAs to 0.47% from 0.57%. The Board declared a dividend of ₹15.90 per share (1590%). Results include exceptional items of ₹7,100 crore and reflect a change in investment classification methodology per new RBI norms, making year-on-year comparisons partly non-comparable.
Record full-year profits, strong operating performance, and improving asset quality along with a healthy dividend are positive for shareholders. However, the sequential decline in Q4 profit and one-off exceptional items worth ₹7,100 crore may temper near-term sentiment.