India’s largest bank State Bank of India has announced its financial results for Q3. Where SBI has reported an 84% year-on-year growth in standalone profits. The December quarter has ended with Rs 16891 Crore. Previously this amount was Rs 9164 Crore last year this time. This has outperformed analyst’s estimates.
SBI Financial Overview
SBI’s performance for Q3 2025 was derived by many factors including steady interest income growth and improved asset quality. What are the things you should know about? Here’s the overview starting with profits net profit is Rs 16891 Crore which is an 84% increase year on year. But on quarter on quarter basis it got a plunge of 7.8%. Because in Q2 2024-25 SBI made Rs 18,331 crores.
Net Interest Income has surged by 4% year on year. The current NII is Rs 41,446 Crore. This indicates the difference between the interest income a bank generates from the assets and the interest it pays out as liabilities.
As per the financial report operating profit is Rs 23551 crore which is again 15.81% year-on-year growth. With a 1.04% increase in ROA and Earnings Per share of Rs 18.84 in Q3 current ROE is at 21.46%.
Asset Quality and NPA
SBI has focused on its asset quality during Q3 which is reflected in the reports as well. The gross NPA ratio has improved by 2.07% as reported on 31st December 2024. The net NPA ratio stands at 0.53%.
Advances and Deposits
SBI has gained healthy growth in Advances and deposits too. Q3 has reported a 13.49% year-on-year growth which is Rs 40.68 Lakh Crore. Domestic advances have also seen a growth of 14.06% year on year.
Analysts’ Reaction
As the Q3 financial results announced share price dipped a little. At 2.15 pm share prices were Rs 753. It closed at Rs752.35 on BSE which is 1.79% down. What do analysts say? Money control poll of six brokerages anticipated a 64% YoY net profit to Rs 15,075 Crore. Axis Securities expected an 80% YoY jump in net profit to Rs 16,473 crore.
