State Bank of India Reports Strong Q2 2025 Results, NPAs Decrease

State Bank of India (SBI) reported strong unaudited financial results for Q2 2025. The bank’s operating profit increased, while net non-performing assets (NPAs) decreased. Gross NPAs stood at 1.73% and net NPAs at 0.42%. The bank divested its stake in Jio Payments Bank Ltd. and Yes Bank Limited, recognizing profits from these transactions. The Board of Directors approved the financial results on November 4, 2025.

Financial Performance Highlights

State Bank of India (SBI) announced its unaudited financial results for the quarter ended September 30, 2025, showcasing robust performance across key metrics.

  • Interest earned reached ₹1,19,653.93 crore.
  • Other income amounted to ₹15,325.54 crore.
  • Operating profit before provisions and contingencies stood at ₹27,310.92 crore.
  • Net profit for the period was reported at ₹20,159.67 crore.

Asset Quality Improvement

SBI demonstrated improvements in asset quality, reducing its non-performing assets:

  • Gross Non-Performing Assets (NPAs) amounted to 1.73%.
  • Net NPAs decreased to 0.42%.

Strategic Divestments

SBI successfully divested its stakes in two key entities:

  • Jio Payments Bank Ltd: SBI divested its entire 14.96% stake, resulting in a profit of ₹25.46 Crore.
  • Yes Bank Limited: SBI divested 13.18% of its equity shareholding, recognizing a profit of ₹4,593.22 Crore.

Capital Adequacy

The bank’s capital adequacy ratios remained strong, reflecting its financial stability:

  • Capital adequacy ratio (Basel III) was 14.62%.
  • CET 1 ratio stood at 11.47%.

Segment Performance

SBI’s segment-wise revenue breakdown highlights the contributions from various business areas:

  • Treasury operations: ₹33,063.88 crore.
  • Corporate/Wholesale Banking operations: ₹36,941.71 crore.
  • Retail Banking operations: ₹64,561.88 crore.

Additional Key Points

  • Provision Coverage Ratio (PCR) as on September 30, 2025, is 75.79%. PCR with AUCA is 92.29%.
  • SBI acquired an additional 4.925% equity stake in SBI General Insurance Company Ltd.

Source: BSE

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