SBI Reports Strong Q2FY25 Results with 27.92% Growth in Profit After Tax

State Bank of India has reported a great Q2FY25 in finances this quarter: PAT stands at ₹18,331 crore up 27.92% YoY from ₹14,330 crore registered during Q2FY24. Interest income for the bank is ₹1,13,871 cr with growth of 12.32% YoY, whereas interest expense has grown to ₹72,561 cr, up 17.6% YoY.

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Net interest income for SBI saw an increase to ₹41,125 cr compared with last year’s ₹38,920 cr, up 5.37% YoY. The operating profits of the bank had risen strongly to ₹29,294 crore. That is 50.87% YoY. Loan loss provisions declined by 19.63% QoQ while increasing 100.07% YoY. Clearly, it has managed provisions despite which profitability has been significantly healthy and sustainable so far on account of operational efficiency and good cost management.

Thus, SBI PAT for the first half of FY 25 recorded at ₹35,367 crore, which grew by 13.30% on a YoY basis. The results represent how SBI is resilient in this economic environment and also indicate strong improvements in some key areas that position the bank well for sustained growth in subsequent quarters.

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As  stated in Bhagavad Gita :

अहं आत्मा गुडाकेश सर्वभूताशयस्थितः।
अहं आदिश्च मध्यं च भूतानामन्त एव च।


I am the self, o gudakesha, seated in the hearts of all creatures. I am the beginning, the middle, and the end of all beings.

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