Net Interest Income (NII) for FY25 increased by 4.43% YoY; Whole Bank Advances cross Rs42 Lakh crores. Foreign Offices’ Advances grew by 14.84% YoY. SME Advances cross Rs5 lakh crores, growth of 16.86% YoY
FinTech BizNews Service
Mumbai, May 3, 2025: The State Bank of India, led by the Chairman CS Setty, today declared its Q4FY25 and Annual Results.
Highlights
Profitability
· Operating Profit of SBI for FY25 crossed Rs1 lakh crore and grew by 17.89% YoY to Rs1,10,579 crores while Operating Profit for Q4FY25 grew by 8.83% YoY to Rs31,286 crores.
· Net Profit for FY25 stands at Rs70,901 crores witnessing a growth of 16.08% YoY.
Net Profit for Q4FY25 stands at Rs18,643 crores.
· Bank’s ROA and ROE for FY25 stand at 1.10% and 19.87% respectively
· Net Interest Income (NII) for FY25 increased by 4.43% YoY.
· Whole Bank and Domestic NIM for FY25 stand at 3.09% and 3.22% respectively.
· Whole Bank and Domestic NIM for Q4FY25 stand at 3.00% and 3.15% respectively.
Balance Sheet
· Whole Bank Advances growth at 12.03% YoY with Domestic Advances growing by 11.56% YoY. Whole Bank Advances cross Rs42 Lakh crores.
· Foreign Offices’ Advances grew by 14.84% YoY.
· SME Advances cross Rs5 lakh crores, growth of 16.86% YoY, followed by Agri Advances which grew by 14.29% YoY while Retail Personal Advances and Corporate Advances registered YoY growth of 11.40% and 9.00% respectively.
· Whole Bank Deposits grew by 9.48% YoY. CASA Deposit grew by 6.34% YoY. CASA ratio stands at 39.97% as on 31st March 25.
Asset Quality
· Gross NPA ratio at 1.82% improved by 42 bps YoY.
· Net NPA ratio at 0.47% improved by 10 bps YoY.
· PCR (incl. AUCA) improved by 19 bps YoY and stands at 92.08%. Provision Coverage Ratio (PCR) at 74.42% improved by 60 bps YoY.
· Slippage Ratio for FY25 improved by 7 bps YoY and stands at 0.55%. Slippage Ratio
for Q4FY25 improved by 1 bp YoY and stands at 0.42%
· Credit Cost for FY25 stands at 0.38%.
Capital Adequacy
· Capital Adequacy Ratio (CAR) as at the end of FY25 stands at 14.25%.
Alternate Channels
· 64% of SB accounts acquired digitally through YONO.
· Share of Alternate Channels in total transactions increased from 97.8% in FY24 to
98.2% in FY25.
Key Summary of Q4FY25 Results
Rs in Crores | Q4FY24 | Q3FY25 | Q4FY25 | YoY % | QoQ % | FY24 | FY25 | YoY % |
Profit & Loss | ||||||||
Interest Income | 1,11,043 | 1,17,427 | 1,19,666 | 7.77 | 1.91 | 4,15,131 | 4,62,489 | 11.41 |
Interest Expenses | 69,387 | 75,981 | 76,892 | 10.81 | 1.20 | 2,55,255 | 2,95,524 | 15.78 |
Net Interest Income | 41,655 | 41,446 | 42,775 | 2.69 | 3.21 | 1,59,876 | 1,66,965 | 4.43 |
NIM, % (Domestic) | 3.47 | 3.15 | 3.15 | -32 bps | 0 bps | 3.43 | 3.22 | -21 bps |
Operating Profit | 28,748 | 23,551 | 31,286 | 8.83 | 32.84 | 93,797 | 1,10,579 | 17.89 |
Loan loss provisions | 3,294 | 2,305 | 3,964 | 20.35 | 71.98 | 9,518 | 14,418 | 51.49 |
Profit after tax | 20,698 | 16,891 | 18,643 | -9.93 | 10.37 | 61,077 | 70,901 | 16.08 |
Rs in Crores | Mar 24 | Dec 24 | Mar 25 | YoY % | QoQ % |
Balance Sheet | |||||
Gross advances | 37,67,535 | 40,67,752 | 42,20,703 | 12.03 | 3.76 |
Domestic Corporate | 11,38,202 | 11,76,303 | 12,40,592 | 9.00 | 5.47 |
Domestic Retail Personal | 13,52,265 | 14,47,337 | 15,06,477 | 11.40 | 4.09 |
Of which: Home loans | 7,25,818 | 7,92,827 | 8,30,763 | 14.46 | 4.78 |
Deposits | 49,16,077 | 52,29,384 | 53,82,190 | 9.48 | 2.92 |
Domestic CASA | 19,41,996 | 19,65,237 | 20,65,161 | 6.34 | 5.08 |
Domestic Term Deposits | 27,82,340 | 30,48,623 | 31,01,702 | 11.48 | 1.74 |
CASA Ratio (%) | 41.11 | 39.20 | 39.97 | -114 bps | 77 bps |
GNPA | 84,276 | 84,360 | 76,880 | -8.78 | -8.87 |
NNPA | 21,051 | 21,378 | 19,667 | -6.58 | -8.00 |
Ratios (%) | Q4FY24 | Q3FY25 | Q4FY25 | YoY, bps | QoQ, bps | FY24 | FY25 | YoY, bps |
Asset Quality | ||||||||
GNPA | 2.24 | 2.07 | 1.82 | -42 | -25 | 2.24 | 1.82 | -42 |
NNPA | 0.57 | 0.53 | 0.47 | -10 | -6 | 0.57 | 0.47 | -10 |
PCR (with AUCA) | 91.89 | 91.74 | 92.08 | 19 | 34 | 91.89 | 92.08 | 19 |
PCR (without AUCA) | 75.02 | 74.66 | 74.42 | -60 | -24 | 75.02 | ||
