SBI Clocks Record ₹70,901 Cr Net Profit in FY25, Operating Profit Surges Past ₹1 Lakh Crore
State Bank of India posted record ₹70,901 crore FY25 net profit, crossing ₹1 lakh crore in operating profit, with robust credit growth and improved asset quality.
Author: Neha Bodke
Published: 21 hours ago
State Bank of India (SBI), the nation’s largest lender, reported its highest-ever annual net profit of ₹70,901 crore for the financial year 2024–25, marking a solid 16.08% year-on-year (YoY) increase. The milestone comes on the back of strong operating performance, which saw operating profit climb 17.89% to ₹1,10,579 crore.
In the January–March quarter (Q4FY25), SBI posted a net profit of ₹18,643 crore, while operating profit reached ₹31,286 crore which is an 8.83% YoY rise. Net Interest Income (NII) also improved to ₹42,775 crore in Q4, up 2.69% YoY.
Key profitability metrics remained robust, with Return on Assets (ROA) and Return on Equity (ROE) at 1.10% and 19.87%, respectively. Despite rising interest expenses, the bank maintained its Net Interest Margin (NIM) at 3.00% (whole bank) and 3.15% (domestic) for Q4.
Image: SBI Delivers Record-Breaking ₹70,901 Cr Net Profit in FY25 with Robust Growth Across Retail, SME, and Agriculture Segments.
Strong Credit Growth Across Segments
SBI’s gross advances crossed ₹42.20 lakh crore, up 12.03% YoY. Retail personal loans surged 11.40% to ₹15.06 lakh crore, while home loans alone jumped 14.46%. SME advances grew by 16.86%, and agricultural loans rose by 14.29%. Foreign office advances also saw robust growth of 14.84%.
Deposits grew by 9.48% YoY to ₹53.82 lakh crore. The CASA (Current Account Savings Account) ratio stood at 39.97%, with CASA deposits rising 6.34%.
Asset Quality at Multi-Year Best
SBI reported significant improvement in asset quality. The Gross NPA ratio dropped to 1.82%, a sharp 42-basis-point improvement YoY, while Net NPA improved to 0.47%. Provision Coverage Ratio including Advances Under Collection Account (AUCA) stood at 92.08%.
Credit cost remained well-controlled at 0.38% for the full year. Slippages and provisioning also remained within targeted ranges, signaling sound risk management.
Image: SBI FY25 Results Snapshot: Record ₹70,901 Cr Net Profit and ₹1.1 L Cr Operating Profit mark SBI’s best-ever financial performance. Retail, SME, and Agri loans show strong growth, while asset quality hits multi-year best with GNPA at 1.82%.
Digital and Capital Strength
A testament to SBI’s digital push, 64% of savings accounts were acquired through its flagship platform YONO. Alternate channels accounted for a whopping 98.2% of total transactions in FY25.
Capital Adequacy Ratio (CAR) stood strong at 14.25%, well above regulatory requirements, ensuring room for future growth.
SBI’s FY25 performance reinforces its leadership in India’s banking sector, driven by digital adoption, balanced credit expansion, and disciplined asset quality management.
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