SBI Q3 Results Earnings 2025: The country’s largest bank SBI has released the results for the December quarter of the current financial year 2024-25. The bank’s net profit increased by 84 percent to Rs 16,891 crore in this quarter. The profit in the third quarter (October-December) of the last financial year 2023-24 was Rs 9,164 crore.
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SBI Q3 Results Earnings 2025
The total income of the bank increased to Rs 1,28,467 crore in the third quarter of the current financial year, which was Rs 1,18,193 crore in the same period of the last financial year. The bank’s interest income increased to Rs 1,17,427 crore in the December quarter from Rs 1,06,734 crore on an annual basis.
SBI Bank’s Total Income Increased by 15.13%
In the October-December quarter, the total income of the bank increased by 8.69% on an annual basis to Rs 1,28,467.39 crore. It was Rs 1,18,192.68 crore in the same quarter last year. It has decreased by -0.52% compared to the previous quarter. The total income of the bank for July-September was Rs 1,29,141.11 crore.
SBI Q3 Results Earnings 2025: Net Interest Income Increased by 4%
In the October-December quarter, SBI’s net interest income (NII) increased by 4% on a year-on-year (YoY) basis to Rs 41,445.51 crore. It was Rs 39,815.73 crore in the same quarter last year. It was Rs 41,619.54 crore in the July-September quarter. There has been no major change in this quarterly.
Amount not returned becomes NPA: If the loan or advance given by the bank is not returned on time, then the bank declares that amount as NPA i.e. non-performing asset. Generally, if returns are not received for 90 days, the bank puts the loan or advance amount in the NPA list. This means that the bank is not getting any benefit from this amount at present.
Decline in NPA: On the asset quality front, SBI saw improvement with gross NPAs coming down to 2.07 % at the end of December 2024 from 2.42 % at the end of December 2023. Similarly, net NPAs also declined from 0.64 percent to 0.53 percent on an annual basis.
SBI Chairman CS Setty said
SBI Chairman CS Setty said the bank is seeing double-digit growth in unsecured personal loans. The corporate book is in good shape as many corporates have reduced debt and underwriting standards have become stronger.
According to the quarterly results, the gross loan of the State Bank of India crossed the Rs 40 trillion mark during the December 2024 quarter. At the same time, gross advance reached Rs 40,67,752 crore, which is 13.5 percent more than Rs 35,84,252 crore annually.
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