SBI operating profit crosses Rs 1.10 lakh crore in FY 2025
New Delhi: State Bank of India (SBI) on Saturday reported a 17.89 per cent jump in operating profit in the last fiscal year (FY2025), crossing Rs 1.10 lakh crore, while operating profit in the fourth quarter grew 8.83 per cent (year-on-year) to Rs 31,286 crore. According to the country’s largest bank in terms of assets, net profit stood at Rs 70,901 crore in FY2025, showing a growth of 16.08 per cent (year-on-year), according to stock exchange filings.
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Profit after tax (PAT) rose to Rs 20,698 crore in the fourth quarter from Rs 16,891 crore in the previous quarter (third quarter). Net interest income (NII) for FY2025 grew by 4.43 per cent. For the quarter, net interest income or core income grew 2.7 per cent to Rs 42,775 crore.The SBI board declared a dividend of Rs 15.9 per share.According to its filing, the gross NPA ratio improved by 42 bps to 1.82 per cent, while the net NPA ratio improved by 10 bps (on-year) to 0.47 per cent.
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“Overall bank deposits grew by 9.48 per cent y-o-y. CASA deposits grew by 6.34 per cent y-o-y. The CASA ratio stands at 39.97 per cent (as on March 31, 2025),” the bank said.SME advances crossed Rs 5 lakh crore, a growth of 16.86 per cent, followed by agriculture advances at 14.29 per cent and retail personal advances and corporate advances recorded annual growth of 11.40 per cent and 9.00 per cent, respectively.
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As per SBI results, the slippage ratio for FY25 improved by 7 bps to 0.55 per cent. The slippage ratio for the fourth quarter improved by 1 basis point year-on-year to 0.42 per cent. The bank reported that 64 per cent of savings accounts were purchased digitally through YONO, while the share of alternate channels in total transactions increased from 97.8 per cent in FY24 to 98.2 per cent in FY25. The bank’s RoA and RoE for FY25 stood at 1.10 per cent and 19.87 per cent, respectively.
