State Bank of India reported a 12.5 per cent year-on-year increase in first quarter net profit at ₹19,160 crore, supported by robust growth in non-interest income even as net interest income edged down a shade.
India’s largest bank has reported a net profit of ₹17,035 crore in the year ago period.
Net interest income was at ₹41,072 crore (₹41,125 crore in Q1FY25).
Non-interest income jumped 55 per cent to ₹17,346 crore (₹11,162 crore).
Whole bank NIM declined to 2.90 per cent from 3.22 per cent.
Gross advances were up 11.61 per cent to ₹42,54,516 crore as at June-end 2025. Total deposits increase 11.65 per cent to ₹54,73,254 crore.
Gross NPAs and net NPAs declined to 1.83 per cent (2.21 per cent) and 0.47 per cent (0.57 per cent), respectively.
Published on August 8, 2025
