State Bank of India (SBI) reported a 10% year-on-year (YoY) decline in standalone net profit to Rs 18,642.59 crore for the quarter ended March 31, 2025, compared to Rs 20,698.35 crore in Q4FY24. The drop was primarily due to higher provisioning during the quarter.
Net Interest Income (NII) rose slightly by 2.6% YoY to Rs 42,775 crore in Q4FY25, up from Rs 41,655 crore in the same period last year. Operating profit stood at Rs 31,286 crore versus Rs 28,747 crore in the year-ago quarter. However, provisions surged to Rs 6,441 crore, significantly higher than Rs 1,609 crore last year, including Rs 3,964 crore for NPAs.
Asset quality improved marginally. Gross NPA ratio declined to 1.82% from 2.24%, while Net NPA fell to 0.47% from 0.57% YoY.
Dividend announcement
Alongside its Q4 results, the Central Board of the bank declared a dividend of Rs 15.90 per equity share (1590%) for the financial year ended March 31, 2025. The record date for determining eligible shareholders is May 16, 2025, and the dividend payment will be made on May 30, 2025.
Fundraising plans
SBI has also announced plans to raise equity capital up to Rs 25,000 crore during FY26 via modes such as Qualified Institutional Placement (QIP), Follow-on Public Offer (FPO), or preferential issue. The capital will be raised in one or more tranches, subject to requisite shareholder and regulatory approvals.
