.jpeg)
SBI's fourth quarter profit fell 10 percent to Rs 1643 crore; Know what the figures say
Q4 Results: SBI said in a regulatory filing that its total income in the March quarter rose to Rs 1,43,876 crore, from Rs 1,28,412 crore in the same quarter a year ago. During the quarter, the bank earned interest income of Rs 1,19,666 crore, while a year ago this figure was Rs 1,11,043 crore. Let's know about this in detail.
Net profit of State Bank of India (SBI) decreased by 10 percent to Rs 18,643 crore in the quarter ended March 2025. The nation's largest public sector bank released the data on Saturday. The nation's largest lender has posted a profit of Rs 20,698 crore during the January-March quarter of 2023-24.
SBI, in its filing with regulators, stated that its total income in the March quarter increased to Rs 1,43,876 crore from Rs 1,28,412 crore during the same quarter last year. The bank received interest income of Rs 1,19,666 crore during the quarter compared with Rs 1,11,043 crore during the same quarter last year.
The bank's asset quality improved with gross non-performing assets (NPAs) falling to 1.82 per cent of total advances in the fourth quarter, down from 2.24 per cent as of March-end 2024. Likewise, net NPAs fell to 0.47 per cent from 0.57 per cent.
On a consolidated basis, SBI's net profit declined 8 per cent to Rs 19,600 crore in the quarter from Rs 21,384 crore in the same quarter a year ago. However, total income rose to Rs 1,79,562 crore from Rs 1,64,914 crore.
