SBI Q3 Results 2025 LIVE Updates

SBI Q3 Results 2025 LIVE Updates: Net profit may jump 90%, NII seen up 8% YoY

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SBI, India’s largest state-run lender, reported an 83% year-on-year increase in standalone net profit to ₹16,891 crore in the third quarter of 2024. Meanwhile, on a quarterly (QoQ) basis, the amount was 7.8% lower than the Rs 18,331 crore reported at the same time the previous year. In Q3, net interest income increased by 4% to ₹41,445.51 crore from ₹39,815.73 crore in the last year. The amount remained steady compared to the previous quarter’s ₹41,619.54 crore.

SBI Q3 Results are LIVE: Credit growth at 13% YoY, domestic advances up 14%:

Credit growth was 13.49% YoY, with domestic advances increasing by 14.06% YoY. Gross advances exceeded ₹40 lakh crores.

  • Foreign office advances increased by 10.35% YoY.
  • SME advances increased by 18.71% YoY.
  • Agri advances increased by 15.31% YoY.
  • Corporate advances are up 14.86% year on year.
  • Retail, personal advances increased by 11.65% YoY.
  • Bank deposits increased by 9.81% yearly, with CASA deposits rising by 4.46%.
  • The CASA ratio remains at 39.20% as of December 31, 2024.

SBI Q3 Results Are LIVE: Slippages Improve YoY:

  • SBI Q3 Results LIVE: An Update on Asset Quality: PCR (including AUCA) improved by 25 basis points year on year and now stands at 91.74%. The Provision Coverage Ratio (PCR) of 74.66% improved by 49 basis points yearly.
  • The slippage ratio for 9MFY25 improved by 8 eight basis points yearly to 0.59%. The slippage ratio for Q3FY25 improved by 19 basis points YoY and is at 0.39%.
  • Credit Cost for Q3FY25 is 0.24%.

SBI Q3 Results are LIVE: Axis Sec forecasts NIMs to remain constant and PAT to increase by 80% year on year:

SBI Q3 Results are LIVE: According to Axis Securities, SBI’s Q3 net profit would increase by 80% yearly to ₹16,473 crore, despite a 10% QoQ dip. Here are more significant expectations that may be monitored:

  • Growth in advances and deposits is expected to continue solid and above the industry average.
  • NII growth is expected to be around 6% YoY, with NIMs anticipated to stay stable.
  • Consider reduced treasury income QoQ. Opex increase is expected to be moderate.
  • Credit costs will continue to normalize; asset quality will stay stable.

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