Press Release on Q4FY25 Results
Awaiting price reaction for this filing.
State Bank of India reported its Q4FY25 and full-year FY25 results, with FY25 net profit rising 16.08% YoY to ₹70,901 crores and operating profit crossing ₹1 lakh crore at ₹1,10,579 crores (up 17.89% YoY). Q4FY25 net profit stood at ₹18,643 crores, down 9.93% YoY, though up 10.37% sequentially, while operating profit grew 8.83% YoY to ₹31,286 crores. Whole bank advances crossed ₹42 lakh crores, growing 12.03% YoY, led by SME advances crossing ₹5 lakh crores (16.86% YoY) and home loans growing 14.46% YoY. Asset quality improved with gross NPA at 1.82% (down 42 bps YoY) and net NPA at 0.47% (down 10 bps YoY), while capital adequacy ratio stood at 14.25%.
Strong full-year profit growth and improving asset quality are positive for shareholders, though the YoY decline in Q4 net profit and slight compression in net interest margins may temper near-term sentiment. Overall, the results reflect healthy business growth and continued balance sheet strength for India's largest public sector bank.