SBI's net profit for Oct-Dec surges over 84% YoY to INR 168.91 bln
This story was originally published at 14:29 IST on 6 February 2025
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MUMBAI – State Bank of India's net profit for the quarter ended December shot up over 84% to INR 168.91 billion from INR 91.64 billion a year ago. The net profit surpassed analysts' expectations of INR 164.19 billion. Total income for the quarter was INR 1.285 trillion, compared with INR 1.182 trillion in the year-ago quarter.
* SBI Oct-Dec net profit INR 168.91 bln vs INR 91.64 bln year ago
* Analysts saw SBI Oct-Dec net profit at INR 164.19 bln
* SBI gross NPA ratio 2.07% as on Dec 31 vs 2.13% qtr ago, 2.42% yr ago
* SBI Oct-Dec provisions INR 9.11 bln vs INR 6.88 bln year ago
* SBI Oct-Dec total income INR 1.285 tln vs INR 1.182 tln year ago
* SBI net NPA ratio 0.53% as on Dec 31 vs 0.53% qtr ago, 0.64% yr ago
* SBI Basel-III capital adequacy ratio 13.03% as on Dec 31
* SBI Oct-Dec NPA provisions INR 23.05 bln vs INR 17.57 bln year ago
* SBI Apr-Dec net profit INR 522.58 bln vs INR 403.78 bln year ago
* SBI Apr-Dec total income INR 3.803 tln vs INR 3.384 tln year ago
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