SBI Performs Strongly with Improved Asset Quality

India’s largest lender, State Bank of India (SBI), reported a 6% year-on-year rise in standalone net profit to ₹19,684 crore for the fourth quarter (Q4) ended March in FY 2025–26. This is higher than ₹18,643 crore recorded in the same quarter last fiscal. However, the bank’s total income for the quarter declined to ₹1,40,412 crore from ₹1,43,876 crore in the corresponding period last year.

During the March quarter, SBI earned interest income of ₹1,23,098 crore, compared to ₹1,19,666 crore in the same period a year ago. The bank also showed improvement in asset quality, with gross non-performing assets (NPAs) declining from 1.82% to 1.49%, while net NPAs reduced from 0.47% to 0.39%. On a consolidated basis, SBI’s net profit increased marginally to ₹19,648.87 crore from ₹19,600.46 crore, while total income rose to ₹1,81,079 crore from ₹1,79,562 crore.

For the full financial year 2025–26, SBI posted a 13% growth in standalone net profit at ₹80,032 crore, compared to ₹70,901 crore in the previous fiscal. The bank’s board also announced a dividend of ₹17.35 per equity share (face value ₹1) for the financial year, reflecting strong financial performance and shareholder returns.