Conference Call with State Bank of India Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.
State Bank of India announced Q3FY25 results Financial Highlights: Net Profit for Q3FY25 stands at Rs 16,891 crore registering a growth of 84.32% YoY. Operating Profit for Q3FY25 grew by 15.81% YoY to Rs 23,551 crore. ROA at 1.04% for the quarter increased by 42 bps YoY. Net Interest Income (NII) for Q3FY25 increased by 4.09% YoY. Whole Bank and Domestic NIM for Q3FY25 stand at 3.01% and 3.15% respectively. Balance Sheet: Credit growth at 13.49% YoY with Domestic Advances growing by 14.06 YoY. Gross Advances cross Rs 40 Lakh crore. Foreign Offices’ Advances grew by 10.35% YoY. SME Advances grew by 18.71% YoY followed by Agri Advances which grew by 15.31% YoY, while Corporate Advances and Retail Personal Advances registered YoY growth of 14.86% and 11.65% respectively. Whole Bank Deposits grew at 9.81% YoY, out of which CASA Deposit grew by 4.46% YoY. CASA ratio stands at 39.20% as on 31 st December 24. Asset Quality: Gross NPA ratio at 2.07% improved by 35 bps YoY. Net NPA ratio at 0.53% improved by 11 bps YoY. PCR (incl. AUCA) improved by 25 bps YoY and stands at 91.74%. Provision Coverage Ratio (PCR) at 74.66% improved by 49 bps YoY. Slippage Ratio for 9MFY25 improved by 8 bps YoY and stands at 0.59%. Slippage Ratio for Q3FY25 improved by 19 bps YoY and stands at 0.39% Credit Cost for Q3FY25 stands at 0.24%. Capital Adequacy: Capital Adequacy Ratio (CAR) as at the end of Q3FY25 stands at 13.03%. Alternate Channels 64% of SB accounts acquired digitally through YONO. Result PDF