SBI Q4 Results: Net Profit Falls 9.93% To Rs 18,643 Cr, Asset Quality Strong; 1590% Dividend Announced

The financial results for the quarter and year ending March 31, 2025, were released by State Bank of India (SBI) today, Saturday. In Q4FY25, SBI recorded a net profit of Rs 18,643 Cr, a drop of 9.93% YoY from Q4FY24's net profit of Rs 20,698 Cr. The net profit for FY25 is Rs 70,901 crores, up 16.08% YoY from Rs 61,077 Cr in FY24.

While operating profit for Q4FY25 increased by 8.83% YoY to Rs 31,286 crores from Rs 28,748 Cr in the same quarter of the previous fiscal year, SBI said that its operating profit for FY25 surpassed Rs 1 lakh crore and jumped by 17.89% YoY to Rs 1,10,579 crores from Rs 93,797 Cr in FY24. While the bank's Net Interest Income (NII) for FY25 climbed by 4.43% YoY to Rs 1,66,965 Cr from Rs 1,59,876 Cr in FY24, its NII for Q4FY25 was Rs 42,775 Cr, up 2.69% YoY from Rs 41,655 Cr in Q4FY24.

The bank's ROA and ROE for FY25 are 1.10% and 19.87%, respectively, while SBI said that its whole bank and domestic NIM for FY25 are 3.09% and 3.22%, and for Q4FY25, they are 3.00% and 3.15%, respectively.

Advances at the bank grew 12.03% YoY, while domestic advances grew 11.56%. Deposits at SBI increased 9.48% YoY. CASA deposits increased 6.34% YoY. As of March 31, the CASA ratio was 39.97%. SBI reported a 42-bps YoY improvement in its Gross Non-Performing Asset (NPA) ratio of 1.82% and a 10-bps YoY improvement in its net NPA ratio of 0.47%.

SBI said that its slippage ratio for FY25 is now at 0.55%, up 7 basis points YoY. While the Credit Cost for FY25 is at 0.38%, the Slippage Ratio for Q4FY25 improved by 1 bp YoY to 0.42%.

According to SBI, its Capital Adequacy Ratio (CAR) was 14.25% at the end of FY25.

"Pursuant to Regulation 43 and Regulation 30 (6) of SEBI (LODR) Regulations, 2015, the Central Board of the Bank, has declared a Dividend of ₹ 15.90 per equity share (1590%) for the financial year ended 31.03.2025. The record date for determining the eligibility of members entitled to receive dividend on equity shares is Friday, 16.05.2025 and dividend payment date is fixed as 30.05.2025," said SBI in a stock exchange filing today.

The Board of Directors considered and approved "Raising of equity capital for an amount aggregating upto ₹ 25,000 crores (including share premium) in one or more tranches during FY 2025-26 through Qualified Institutions Placement (QIP)/ Followon Public Offer (FPO) or any other permitted mode or a combination thereof in such manner and on such terms and conditions as may be deemed appropriate, in accordance with the applicable Acts/ Regulations/ Guidelines and subject to receipt of all requisite approvals."

64% of savings bank accounts were opened digitally using YONO as of March 31, 2025.