SBI This autumn outcomes: Lender studies 10 p.c drop in standalone web revenue at ₹18,642.59 crore
The nation’s largest public lender, State Financial institution of India (SBI) reported a drop of 10 p.c in standalone web revenue for Q4FY25 at ₹18,642.59 crore in comparison with ₹20,698.35 crore within the corresponding interval final yr. The general public sector financial institution’s web curiosity revenue (NII) stood at ₹42,774 crore.
The state-run lender’s working revenue for FY25 crossed ₹1 lakh crore and grew by 17.89 p.c year-on-year (YoY) to ₹1,10,579 crore whereas working revenue for Q4FY25 grew by 8.83 p.c YoY to ₹31,286 crore.
The financial institution’s web revenue for FY25 stood at ₹70,901 crore, witnessing a development of 16.08 p.c YoY. The gross non-performing asset (NPA) ratio stood at 1.82 p.c and improved by 42 bps YoY. The web NPA ratio was at 0.47 p.c improved by 10 bps YoY.
CS Setty, Chairman of State Financial institution of India, stated that credit score development continues to be good throughout all segments, although there’s some moderation. He added that the financial institution continues to reveal industry-leading asset high quality.
The lender declared a dividend of ₹15.90 per share for the fiscal yr ended March 31, 2025, with a report date of Might 16 and cost scheduled for Might 30.
The State Financial institution of India Board additionally plans to lift as much as ₹25,000 crore by fairness issuance in FY 2025-26 by way of certified establishments placement (QIP), Comply with-on Public Provide, or different authorised strategies, topic to regulatory approvals, the financial institution stated in an trade submitting.
