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.
The country’s biggest lender had earned a profit of Rs 20,698 crore in the January-March period of 2023-24.
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, the SBI said in a regulatory filing.
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. it 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.