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News18
05-05-2025
- Business
- News18
SBI Shares In Focus After Net Profit Falls 10% In Q4, 1590% Dividend Declared
SBI Share Price: Investors will keep a watch on SBI shares today after PSU lender's net profit drops 10% YoY. The board also announces dividend and fund raising limit. SBI Share Price: Shares of the State Bank of India (SBI) will remain in focus on Monday, April 05, following the announcement of its Q4 FY25 results. PSU lender on Saturday reported a 10 per cent decline in its net profit at Rs 18,643 crore for the fourth quarter ended March 31, 2025. However, its total income during January-March 2025 increased to Rs 1,43,876 crore as against Rs 1,28,412 crore in the year-ago period. Its net profit had stood at Rs 20,698 crore in the corresponding quarter last year. The bank saw an improvement in asset quality, with gross non-performing assets (NPAs) declining to 1.82 per cent of the total advances in the fourth quarter from 2.24 per cent as at March-end 2024. Similarly, net NPAs eased to 0.47 per cent as against 0.57 per cent. On a consolidated basis, SBI's net profit in the quarter fell 8 per cent to Rs 19,600 crore as against Rs 21,384 crore in the same period a year ago. Total income, however, increased to Rs 1,79,562 crore from Rs 1,64,914 crore. advetisement For the full financial year 2024-25, the bank reported 16 per cent increase in profit on a standalone basis at Rs 70,901 crore as against Rs 61,077 crore in the previous year. SBI Dividend 2025 SBI's board also declared a dividend of Rs 15.90 per equity share for FY25. Besides, the board has approved raising equity capital of up to Rs 25,000 crore (including share premium) in one or more tranches during 2025-26 through Qualified Institutional Placement (QIP)/ Follow on Public Offer (FPO) or any other mode. Stay updated with all the latest news on the Stock Market, including market trends, Sensex and Nifty updates, top gainers and losers, and expert analysis. Get real-time insights, financial reports, and investment strategies—only on News18. First Published: May 05, 2025, 06:43 IST
The Hindu
03-05-2025
- Business
- The Hindu
SBI Q4 PAT slides 10% to ₹18,643 crore on higher provisions, board approves dividend of ₹15.90 per share
State Bank of India (SBI) for the fourth quarter ended March 31, 2025 reported 10% drop in net profit at ₹18,643 crore as compared with ₹20,698 crore in the year ago period due to higher provisions. Answering a question, SBI Chairman C.S. Setty said, 'There were some one-ups during the fourth quarter. The NII performed well and there was no major reason' The bank's Net Interest Income (NII) for the quarter grew 2.63% to ₹42,775 crore Year on Year (YoY). During the quarter the Net Interest Margin (NIM) was at 3.15% as against 3.47% YoY, down 32 bps. Loan Loss provisions during the quarter grew 20.35% to ₹3,964 crore. Central Board of the Bank, at its meeting held on Saturday declared a dividend of ₹ 15.90 per equity share of ₹ 1 each fully paid up for FY25. The record date for determining the eligibility of members entitled to receive dividend on equity shares is May 16. The bank has reported at it's advances increased 12.03% YoY to ₹42,20,703 crore and deposits grew 9.48% YoY to ₹53,82,190 crore. Gross NPA for the quarter was down 8.78% to ₹76,880 crore. Net NPA during the quarter reduced 6.58% to ₹19,667 crore. For FY25 the bank reported 16% growth in net profit at ₹70,901 crore. NII at ₹166,965 crore grew 4.43% YoY. For the full year the bank had a loan loss provision of ₹14,418 crore, an increase of 51.49% YoY. The bank has cut it's credit growth for this year. 'Our earlier guidance (for credit growth) was 14 to 16%, we are moderating that to 12 to 13%. The system level credit growth probably would be 10 to 11%,' Mr Setty said. He said the rate cut by the Reserve Bank of India would put pressure on the bank's margin but he could not quantify the impact. He said the bank's asset quality had been strong for the last five years and there was sufficient headroom to lend money for growth. The board has authorised the bank to raise ₹25,000 by way of Qualified Institutional Placement (QIP) or Follow on Public Offer (FPO).
The Print
03-05-2025
- Business
- The Print
SBI Q4 profit declines 10 pc to Rs 18,643 crore
Total income increased to Rs 1,43,876 crore in March quarter from Rs 1,28,412 crore in the same period a year ago, SBI said in a regulatory filing. The country's biggest lender had earned a profit of Rs 20,698 crore in the January-March period of 2023-24. New Delhi, May 3 (PTI) State Bank of India (SBI) on Saturday reported 10 per cent fall in standalone net profit at Rs 18,643 crore for the fourth quarter ended March 2025. During the quarter, the bank earned an interest income of Rs 1,19,666 crore as against Rs 1,11,043 crore a year ago. The bank saw an improvement in asset quality, with gross non-performing assets (NPAs) declining to 1.82 per cent of the total advances in the fourth quarter from 2.24 per cent as at March-end 2024. Similarly, net NPAs eased to 0.47 per cent as against 0.57 per cent. On a consolidated basis, SBI's net profit in the quarter fell 8 per cent to Rs 19,600 crore as against Rs 21,384 crore in the same period a year ago. Total income, however, increased to Rs 1,79,562 crore from Rs 1,64,914 crore. For entire financial year 2024-25, the bank reported 16 per cent increase in profit on a standalone basis at Rs 70,901 crore as against Rs 61,077 crore in the previous year. The bank's board has declared a dividend of Rs 15.90 per equity share for FY25. Besides, the board has approved raising equity capital of up to Rs 25,000 crore (including share premium) in one or more tranches during 2025-26 through Qualified Institutional Placement (QIP)/ Follow on Public Offer (FPO) or any other mode. PTI DP ANU ANU This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
The Hindu
03-05-2025
- Business
- The Hindu
SBI Q4 profit declines 10% to ₹18,643 crore
State Bank of India (SBI) on Saturday (May 3, 2025) reported a 10% fall in standalone net profit at ₹18,643 crore for the fourth quarter ended March 2025. The country's biggest lender had earned a profit of ₹20,698 crore in the January-March period of 2023-24. Total income increased to ₹1,43,876 crore in the March quarter from ₹1,28,412 crore in the same period a year ago, SBI said in a regulatory filing. During the quarter, the bank earned an interest income of ₹1,19,666 crore as against ₹1,11,043 crore a year ago. Also Read | SBI Q3 results: Net profit surges 84% to ₹16,891 crore The bank saw an improvement in asset quality, with gross non-performing assets (NPAs) declining to 1.82% of the total advances in the fourth quarter from 2.24% as at March-end 2024. Similarly, net NPAs eased to 0.47% as against 0.57%. On a consolidated basis, SBI's net profit in the quarter fell 8 per cent to ₹19,600 crore as against ₹21,384 crore in the same period a year ago. Total income, however, increased to ₹1,79,562 crore from ₹1,64,914 crore. For the entire financial year 2024-25, the bank reported a 16% increase in profit on a standalone basis at ₹70,901 crore as against ₹61,077 crore in the previous year. The bank's board has declared a dividend of ₹15.90 per equity share for FY25. Besides, the board has approved raising equity capital of up to ₹25,000 crore (including share premium) in one or more tranches during 2025-26 through Qualified Institutional Placement (QIP)/ Follow on Public Offer (FPO) or any other mode.
