SBI Q4 results 2025 Highlights: Net profits down 10% to ₹18,643 crore, interest income up 8% YoY

SBI Q4 Results LIVE: State Bank of India's current account savings account deposits rose 6.34% on a year-on-year (YoY) basis, according to the official press release. 

The whole bank deposits also rose 9.48% YoY as of March 31, 2025. 

SBI Q4 Results LIVE: State Bank of India's shares closed 1.51% higher at ₹800.05 after Friday's stock market session, compared to ₹788.15 at the previous market close. 

The State-run bank's share has given stock market investors more than 319% returns on their investment in the last five years. However, the shares have lost 3.81% in the last one-year period. 

On a year-to-date (YTD) basis, the stock has gained 0.83% in 2025, and 2.64% in the last one-month period. 

SBI Q4 Results LIVE: State Bank of India's net non-performing assets (NPAs) dropped to 0.47% in the January to March quarter, compared to 0.57% in the same quarter of the previous financial year. 

Non-Performing Assets or NPAs are popularly known as bad debt or bad loans, which a bank has to reserve for through its provisioning measures. 

SBI Q4 Results LIVE: State Bank of India's gross non-performing assets (NPAs) dropped 42 basis points to 1.82% in the fourth quarter of the 2024-25 fiscal, compared to 2.24 per cent in the same period a year ago. 

SBI Q4 Results LIVE: State Bank of India's total expenses for the fourth quarter of the financial year ended 2024-25 witnessed a nearly 13 per cent rise to ₹1,12,590 crore, compared year-on-year with ₹99,664 crore in the same quarter of the previous fiscal. 

SBI Q4 Results LIVE: State Bank of India's provision for bad loans witnessed a 300 per cent jump in the January to March quarter of the 2024-25 fiscal to ₹6,442 crore, compared year-on-year (YoY) with ₹1,610 crore in the same period a year ago. 

Provisions for bad loans are key reserves that the bank maintains to cater for the increasing non-performing assets (NPAs) from its lending operations.

Banks generally increase their allocations to provisions when they estimate a rise in bad loans for the upcoming quarter.

SBI Q4 Results LIVE: The State Bank of India announced that the lender will raise ₹25,000 crore, including share premium, in one or more tranches during the 2025-26 fiscal year. 

The fundraising will be carried out through Qualified Institutions Placement (QIP)/Follow-on Public Offer (FPO) or any other permitted mode or a combination thereof in such manner and on such terms and conditions as may be appropriate. 

SBI Q4 Results LIVE: The State Bank of India announced a ₹15.90 per share dividend issue for every eligible shareholder along with its January to March quarter results for the year ended 2024-25. 

This means that every shareholder who qualifies for the requirements will be eligible to get ₹15.90 per share as a dividend on every share they hold of the State-run bank. 

“The record date for determining the eligibility of members entitled to receive dividend on equity shares is Friday, 16.05.2025 and dividend payment date is fixed as 30.05.2025,” said SBI in the BSE filing. 

The firm also fixed the record date of the dividend on Friday, May 16, 2025, and the dividend is set to be paid by May 30, 2025. 

SBI Q4 Results LIVE: State Bank of India's net profit for the January to March quarter dropped nearly 10 per cent to ₹18,643 crore, compared to ₹20,698 crore in the same period a year ago, according to the standalone financial statements released on Saturday, May 3, 2025. 

SBI’s advances and deposits growth are likely to remain healthy, ahead of systemic growth. NII growth is seen at ~3% QoQ, NIMs are likely to decline marginally QoQ. PPOP growth to remain healthy sequentially on the back of improved Opex ratios and better non-interest income. Credit costs are expected to normalise, and asset quality to improve marginally, said Axis Securities. Key monitorables in SBI Q4 results today would be comments on capital adequacy and outlook on loan book growth and return ratios.

SBI remains well-positioned for sustainable growth, underpinned by strong credit expansion, controlled asset quality risks, and accelerating digital transformation. We project a 9% earnings CAGR over FY25-27E, with RoA and RoE expected at 1.06% and 16.8% by FY27E. The standalone bank currently trades at 1.0x FY26E ABV, MOFSL said. The brokerage firm has a ‘Buy’ rating on SBI shares with a target price of ₹925 apiece.

SBI share price has risen 3% over the past month but has remained largely flat on a year-to-date (YTD) basis. In the past one year, the PSU banking stock has declined by more than 3%. However, over a two-year period, SBI share price has delivered a robust return of 40%, and over the past five years, it has generated multibagger returns of 320%.

SBI’s advances and deposits growth are expected to remain healthy, ahead of systemic growth. MOFSL expects SBI’s deposit growth in Q4FY25 to be at 9.2%, while loan growth is pegged at 13.1%. SBI’s deposits in the quarter ended 31 March 2025 is estimated to be at ₹53.7 lakh crore, while loans are expected to be at ₹41.9 lakh crore.

SBI’s asset quality in the January-March 2025 quarter is estimated to improve modestly on a sequential basis. SBI gross non-performing assets (GNPA) as a percentage of gross advance, is likely to fall to 1.96% in Q4FY25 from 2.07% in Q3FY25. Net NPA ratio is also likely to drop to 0.50% in the March 2025 quarter from 0.53% from December 2024 quarter.

Pre-Provisioning Operating Profit (PPOP) in the quarter ended March 2025 is estimated to fall 6.5% to ₹26,886 crore from ₹28,748 crore, YoY. However, PPOP is expected to grow on a quarter-on-quarter (QoQ) basis by 14.2% on the back of improved Opex ratios and better non-interest income, analysts said.

Net interest margin (NIM) of SBI in Q4FY25 is estimated to fall marginally on a sequential basis. NIMs were steady at 3.01% in 3QFY25, supported by a high proportion (~40%) of the loan book linked to MCLR, shielding SBI from rate cuts.

SBI’s net interest income (NII) in Q4FY25 is estimated to rise 2.5% to ₹42,696 crore from ₹41,655 crore, year-on-year (YoY). On a sequential basis, NII during the March 2025 quarter is expected to rise 3% from ₹41,446 crore in the December 2024 quarter.

Analysts expect SBI to report a fall in its net profit in the range of 10%-15% for the quarter ended March 2025. According to estimates by Axis Securities, SBI may post a net profit of ₹18,106 crore in Q4FY25, recording a drop of 12.5% from ₹20,698 crore in the year-ago quarter.

SBI share price has been trading within a narrow range over the past few weeks, with two consecutive Doji patterns on the weekly chart reflecting market indecision, said Rajesh Bhosale, Equity Technical and Derivative Analyst at Angel One. According to him, a clear directional move in SBI shares is likely to follow a breakout from this range — a break above ₹820 could trigger a bullish continuation towards the ₹900 level in the near term, while a drop below ₹770 may lead to further downside towards ₹730.

SBI Q4 Results LIVE: SBI share price gained on Friday ahead of its Q4 results today. On Friday, SBI shares opened higher at ₹792.05 apiece on the BSE as against its previous close of ₹788.15. SBI stock price hit an intraday high of ₹802.95 and touched a low of ₹789.25 apiece. Finally, SBI share price ended 1.51% higher at ₹800.05 apiece before the announcement of Q4 results today.

SBI Q4 Results LIVE: SBI’s board will also discuss and approve the proposal for raising equity during FY26 by way of Follow-on Public offer (FPO) / Rights issue / Qualified Institutional Placement (QIP) and any other mode or combination of these, as may be decided at the opportune time or as may be approved by Government of India and the Reserve Bank of India (RBI), SBI said in a regulatory filing.

SBI Q4 Results LIVE: State Bank of India (SBI), the largest state-run lender in the country, is set to announce its Q4 results today, May 3. The board of directors of SBI is scheduled to meet today to consider earnings for the fourth quarter of FY25 along with the earnings for the full financial year 2024-2025.

Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.