State Bank of India reports an eye-popping 84% jump in Q3 profits! But wait, there's more – check out the surprising NII and asset quality improvements!
The State Bank of India (SBI) has just announced its Q3 results for the financial year 2025, and the numbers are making heads spin faster than a Bollywood dance number! The flagship public sector bank reported a jaw-dropping 83% year-on-year surge in standalone net profit, soaring to ₹16,891 crore. This shatters the expectations set by market analysts, who estimated a profit of merely ₹16,219 crore. With net interest income (NII) for the quarter coming in at ₹41,445.51 crore, the growth story continues to build as net interest income jumped 4% from the previous year’s ₹39,815.73 crore.
But that’s not all, as SBI's asset quality is experiencing a glow-up as well. The gross non-performing asset (NPA) ratio made a gracious exit, dropping from 2.13% in the previous quarter to a lovelier 2.07%. It’s like that pesky homework left unattended – out of sight, out of mind! These results reflect the bank's capable management skills and its solid foundation amidst the unpredictable market.
Meanwhile, the financial buzz isn't limited to SBI. Other notable players like ITC and Airtel are also prepping to announce their results soon, bringing a carnival atmosphere to the stock market. Emcure Pharma, with a stunning 35% increase in net profit that climbed to ₹154 crore, is another big highlight in this earnings season. Investors and analysts are putting on their best guessing hats, expecting further fireworks as the financial year unfolds.
As SBI continues to make headlines with its robust performance, it's worth noting that this financial giant commands a market share that makes it a key player in the Indian banking sector. In fact, SBI boasts a whopping deposit base of over ₹35 lakh crore! For those keeping an eye on bank stocks, these results solidify SBI's stature as not just a public sector bank, but as a pillar of strength in a dynamic economy. Remember, when it comes to bank profits, this behemoth has just shown us that wading through challenges can lead to a treasure trove of gains!
SBI Q3 Results 2025 LIVE Updates: SBI reported an 83% year-on-year (YoY) surge in standalone net profit to ₹16891 crore. The net interest income for Q3 ...
SBI Q3 Results: The profit exceeded Street estimates of Rs 16219 crore. The interest income in Q3FY25 stood at Rs 1,17427 crore, up 10% over Rs 1,06734 ...
Q3 Results LIVE: Emcure Pharma net profit rises 35% to Rs 154 crore · Net profit jumps 35 percent YoY to Rs 153.72 crore · Revenue from operations increases 18 ...
SBI Q3 Results FY25: Its gross NPA improves to 2.07 per cent of the total advances, lower against 2.13 per cent a quarter ago.
SBI Q3 Results 2025: State Bank of India (SBI), India's largest public sector, today, February 6, announced its earnings for the October-December 2024 ...
SBI Q3 results 2025: The net interest income (NII) for Q3 FY25 stood at ₹41445.51 crore, up 4% from ₹39815.73 crore in the year ago period.
SBI to announce Q3FY25 earnings today; analysts expect strong net profit growth. Stay updated!
SBI Q3 results: The bank's net interest income rises 4% to Rs 41446 crore; asset quality improves.
SBI reports strong financial performance with increased profits and improved asset quality in Q3 of current fiscal year.
SBI's asset quality remained stable on a year-on-year basis. Gross NPA ratio for the December quarter stood at 2.07% from 2.13% in the September quarter, ...
SBI Q3 Results 2025 Live: Public sector lender State Bank of India (SBI) reported an 84% increase in its standalone net profit for the December quarter, ...
SBI, on February 6, posted 84 per cent year-on-year (YoY) jump in its net profit for the quarter ending December 31, 2024, to ₹16891 crore, ...