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MoneyWireSBI's net profit falls 10% on year to INR 186.43 bln in Jan-Mar, but beats view

SBI's net profit falls 10% on year to INR 186.43 bln in Jan-Mar, but beats view

This story was originally published at 14:31 IST on 3 May 2025
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Informist, Saturday, May. 3, 2025

MUMBAI – State Bank of India reported a net profit of INR 186.43 billion in the March quarter, lower than INR 206.98 billion reported a year ago. However, the bank managed to beat analysts' expectation of a net profit of INR 175.70 billion for the latest quarter.  

* SBI Jan-Mar net profit INR 186.43 bln
* Analysts saw SBI Jan-Mar net profit at INR 175.70 bln
* SBI Jan-Mar net profit INR 186.43 bln vs INR 206.98 bln year ago
* SBI Jan-Mar total income INR 1.439 tln vs INR 1.284 tln year ago
* SBI gross NPA ratio 1.82% as on Mar 31 vs 2.07% qtr ago, 2.24% yr ago
* SBI net NPA ratio 0.47% as on Mar 31 vs 0.53% qtr ago, 0.57% yr ago
* SBI Jan-Mar provisions INR 64.42 bln vs INR 16.10 bln year ago
* SBI Basel-III capital adequacy ratio 14.25% as on Mar 31
* SBI FY25 net profit INR 709.01 bln vs INR 610.77 bln year ago
* SBI FY25 total income INR 5.242 tln vs INR 4.668 tln year ago
 

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