SBI Q3 Results
SBI Q3 Results: Standalone PAT jumps 84% YoY to Rs 16,891 crore, beats estimates
SBI Q3 Results 2025: The profit exceeded Street estimates of Rs 16,219 crore. The interest income in Q3FY25 stood at Rs 1,17,427 crore, up 10% over Rs 1,06,734 crore reported in the corresponding quarter of the last financial year.
SBI Q3 net profit up 71% on spurt in other income
The profit was boosted by other income of Rs 1,755 crore the company generated on sale of 3.9 per cent stake in a subsidiary SBI Life Insurance Company.
SBI Q3 Results Preview: NII to grow up to 8% YoY, PAT may surge up to 89% on robust loan growth
State Bank of India (SBI) is expected to report high single-digit growth in net interest income (NII) for Q3 FY25, driven by strong loan growth. Estimated topline is between Rs 42,290 crore and Rs 42,845 crore, with net profit potentially rising 61%-89%. Provisions may increase YoY, while NIMs could dip. Earnings will be announced on February 6, 2025.
SBI Q3 results today: What to expect, key things to track for investors
SBI has guided for a shortfall of Rs 10,000 crore towards the new wage agreement, which will be spread over two quarters of H2FY24. In the second quarter, SBI had a one-off wage provision of Rs 3400 crore.
Brokerages remain upbeat on SBI despite lackluster Q3 earnings. Here's why
SBI shares fell 2% due to high wage costs affecting earnings. Jefferies and Nomura maintain buy ratings on SBI for strong loan growth. Kotak and Nuvama also recommend buying SBI stock. SBI reported a 35% decrease in net profit. SBI reported a standalone net profit of Rs 9,164 crore which was down by over 35% from 14,205.34 crore reported by the state lender in the year-ago period.
SBI Q3 Results: Lender posts highest-ever quarterly PAT of Rs 14,205 crore, up 69% YoY
SBI Q3 Results: Net interest income (NII), the difference between interest earned and interest expended, rose 24% on year to Rs 38,068.62 crore. This was largely on expected lines.
SBI Q3 results preview: Profit may surge 50% YoY; higher slippages likely sequentially
ICICIDirect expects loan growth of 6.7 per cent YoY at Rs 26.1 lakh crore and deposits growth at 9 per cent YoY. It sees NII growing at 6.5 per cent YoY to Rs 30,600 crore. Non-interest income is seen improving sequentially to Rs 8,600 crore.
Q3 results today: SBI, Clean Science, KIMS among 50 companies to announce earnings
Nearly 50 companies, including Archean Chemical Industries, Affle, Balu Forge, Clean Science and Technology, Gujarat Alkalies & Chemicals, and Krishna Institute of Medical Sciences (KIMS), will announce their December quarter earnings. The market is particularly interested in the results of PSU lender State Bank of India (SBI).
SBI Q3 results: Profit jumps 41% to Rs 5,583 crore; asset quality shows big improvement
Percentage of net NPAs stood at 2.65 per cent compared with 3.95 per cent last year.
SBI Q3 profit surges 62% to ₹8,432 crore
"We don't see much impact of the third wave on our books," said Dinesh Khara, chairman, SBI.
SBI Q3 results: PAT down 35% at Rs 9,164 crore on one time exceptional item
The bank earned Rs 105,733.78 crore in interest income in the reported quarter which was up 22% from Rs 86,616.04 crore reported by SBI in the year ago period.
SBI Q3 results preview: Profit set to double on Essar resolution; slippages may surge
Kotak Institutional Equities said SBI’s loan growth will be subdued at 6 per cent on a yearly basis.
Info Edge Q1 Results: Cons PAT jumps 27% YoY to Rs 296 crore, revenue up 17%
Info Edge (India) reported a 27% year-on-year increase in consolidated net profit for the June quarter, reaching Rs 296 crore. Revenue also saw a 17% rise to Rs 791 crore. Standalone billings grew by 11.2%, with recruitment business increasing by 9.0% and non-recruitment portfolio growing by 17.6%. However, the recruitment segment faced headwinds and a sectoral slowdown.
PG Electroplast shares crash 23% after Q1 PAT drops 54% QoQ; near-term headwinds seen
PG Electroplast shares fell 23% after Q1 net profit dropped 20% YoY and 54% QoQ to ₹67 crore. Despite 14% YoY revenue growth, early monsoon hit seasonal AC sales. Management stays optimistic on long-term outlook.
SBI takes hit from wage, pension provisions as profit falls
Chairman Dinesh Khara however reiterated the bank’s target of maintaining a return on equity (RoE) of 15% on a sustainable basis even as he maintained that the bank will continue to record loan growth of 14% to 16%.
SBI Q3 Preview: PAT may fall on higher operating expenses; NII growth muted
Net interest income is likely to grow around 6% year-on-year (YoY) in the December quarter, according to an average estimate of five brokerages. Net profit for the same period is seen declining 12% YoY.
SBI swings to profit, posts Q3 net of Rs 3,955 crore as provisions plunge YoY
Provisions and contingencies declined sharply 68 per cent YoY to Rs 6,006.22 crore in Q3.
SBI Q3 Results: Profit surges 62% YoY to Rs 8,432 crore, beats estimate
The figure came in higher than Rs 8,200 crore profit estimated by analysts in an ET NOW poll.
5 key takeaways from SBI Q3 results
Consolidated net interest income jumped 4.38% YoY to Rs 19,659.36 crore. However, the standalone NII advanced 7.7% YoY to Rs 14,751.54 crore.
SBI Q3 results above expectations: KR Choksey
The brokerage has a ‘Buy’ recommendation on the stock and will review the rating after detailed analysis.
What to expect from SBI's Q3 results on Thursday
SBI is expected to report a 10.3% YoY rise in Q3 net profit to Rs 3600 crore from Rs 3263.10 crore reported in the year-ago period.
SBI posts record profit in Q3; provisions dip: Key takeaways
The profit at Rs 5,583.36 crore for the quarter was dented by two-fold jump in tax expenses.
SBI Q3 Results Preview: Five key things to watch out for
The state-owned lender's net profit is likely to zoom by a massive 60-70%, compared with the last-year period, while net interest income (NII) too, is expected to grow in healthy double digits.
Q3 result: SBI asset quality surprises on positive side
I am really quite positively surprised by the NPA numbers, says Siddharth Purohit
SBI will unlock value from general insurance and mutual fund biz: Dinesh Kumar Khara
"Once we have a sense of the valuation and the market positioning, we will unlock value from our general insurance and mutual fund subsidiaries one by one."
The elephant has started dancing! SBI price targets have risen by up to 83%
The market feels that the worst may be over for SBI’s balance sheet, as the stock soared 15 per cent -- its highest intraday gain since March 2020 -- to a record high of Rs 408.35.
SBI Q2 Results Today: Profit may double, NIM likely in 3-3.1% range
SBI is seen reporting a loan growth of 8.1 per cent YoY to Rs 24,80,546.20 crore and deposit growth of 8.6 per cent at Rs 37,69,359.80 crore. Credit cost is seen at 1.4 per cent.
SBI Q3 results: Net profit falls 7% to Rs 5,196 cr, beats estimates
The lender’s net non-performing assets ratio in the quarter stood at 1.23 per cent as against 1.59 per cent in the previous quarter.
REC Q3 Results: PAT advances 15% YoY to Rs 11,574.25 crore, revenue rises 18%
REC Q3 Results: The company reported total revenue from operations of Rs 41,033.01 crore for the quarter ended December 31, 2024, marking a 17.81% YoY increase from Rs 34,827.57 crore. Additionally, its total income, including other income, rose to Rs 41,085.66 crore from Rs 34,864.57 crore in 2023, highlighting the company's continued financial growth and stability.
Healthy loan growth, fall in provisions spruce up SBI Q3
Unlike a year ago, SBI did not have to make a ₹7,100-crore provision for employee pension and wages, boosting profit growth at the country's most-valued government-owned company.
SBI Q4 results: Profit jumps four-fold to Rs 3,581 crore, exceeds Street estimates
The profit figure came in way higher than Rs 2,000 crore estimated by analysts in an ET NOW poll.
CDSL Q4 results: PAT declines 22% YoY, revenues fall by 7%
CDSL reported a 22% YoY decline in PAT to Rs 100.39 crore for Q3FY25, with revenue from operations dipping 6.7% YoY to Rs 224.45 crore. The board has recommended a final dividend of Rs 12.50 per share. While depository activity revenue saw a slight decrease, data entry and storage revenue experienced a sharp decline.
Q3 results today: ITC, SBI, Airtel among 174 companies to announce earnings on Thursday
174 companies are announcing their third quarter earnings on Tuesday, including key players like SBI, ITC, Airtel, Britannia, Trent, and Hero MotoCorp. ITC is likely to see a slight revenue growth but a profit decline. Airtel's net profit may see a significant rise, boosted by Indus Towers consolidation. SBI expects steady growth driven by robust loan performance.
Q1 Results Today: SBI among 41 companies to announce earnings on Saturday
State Bank of India, India's largest public sector bank, is expected to report a slight decrease in profits for the first quarter of 2024 due to increased provisions, despite a projected 10% growth in net interest income.
SBI posts highest-ever quarterly profit in Q3. Should you buy the stock now?
"SBI’s core fundamentals continue to be on a strong footing and sustained solid earnings delivery should drive incremental re-rating for the stock in our view. While SBI may need to raise equity capital over the next 12-24 months (CET1 at 9.26%), stake sale in subsidiaries (SBI Funds, SBI General Insurance) remains another option to augment capital and may delay the eventual dilution.
FIIs reverse trend: Rs 3,243 cr bought in April, Rs 40,145 cr in last 12 days
Foreign Institutional Investors (FIIs) have shifted from being net sellers to net buyers in Indian equities, purchasing ₹40,145 crores in the last 12 trading days. This reversal is attributed to President Trump's tariff pause and a weakening US dollar, which boosted emerging markets like India. However, modest earnings growth of around 5% in FY25 may constrain future FII inflows.
SBI Q4 results: Net profit slides 10% YoY to Rs 18,642.59 cr, NII surges 3%
SBI Q4 results: The bank posted an operating profit of Rs 31,286 crore in Q4FY25, marking an 8.83% increase over Rs 28,748 crore a year ago. However, the loan loss provisions surged 20.35% YoY to Rs 3,964 crore from Rs 3,294 crore in Q4FY24.
FPIs begin August as net sellers, offload Indian equities worth Rs 1,027 crore in two sessions
FPIs purchased a significant amount of domestic shares in July 2024, amounting to Rs 32,365 crore. This buying trend continued from June, where they also invested heavily. However, there was a period of net selling in April and May, where they offloaded shares. The year began with a negative trend in January, but February and March saw them return as net buyers, making significant investments in the market.
SBI stock rallies over 9% post Q1 results; here are top five takeaways
State Bank of India rose as much as 9.1% in the afternoon trade on Friday after the largest public sector bank reported results for the quarter ended June 30.
Q4 results today: SBI, Asian Paints among 69 companies to announce earnings
Q4 results today: On Thursday, State Bank of India (SBI), the foremost public sector lender in India, will be among the 69 companies set to unveil their financial results for the quarter ending March 2024. Investors will also keep a close eye on companies like Asian Paints, BPCL, and Indian Overseas Bank as they announce their results.
NPAs a concen for SBI, but situation better than its peers: Nitin Kumar, Quant Broking
Provisions have declined substantially over last year and are at some Rs 2000 crore, says Nitin Kumar of Quant Broking.
SBI Q3 Results 2025 Live Updates: PAT at Rs 16,891 cr, NII at Rs 41,446 cr; SBI shares end lower post Q3 show; credit growth reported at 13.49% YoY
State Bank of India Q3 Results 2025: Key Highlights PAT: Rs 16,891 cr vs Street estimates of Rs 16,219 cr Gross NPA stood at 2.07% Operating profit down 20% QoQ Provisions at Rs 911 cr vs Rs 688 cr YoY NII: Rs 41,446 cr vs Rs 39,815 cr, up 4% YoY
SBI may surprise with surge in Q3 profit, dull show likely at HDFC
State-run SBI could report profit after tax (PAT) growth upwards of 80% on the back of comparatively better deposit growth and lower wage costs, while HDFC Bank may report less than 7% rise in PAT amid muted loan and deposit growth across the banking sector.
SBI Chairman Dinesh Kumar Khara retires after giving multibagger returns, Rs 1 lakh crore dream
SBI Chairman Dinesh Kumar Khara retires, leaving behind a goal of Rs 1 trillion annual profit for his successor. During his tenure, SBI's profit rose significantly, deposits grew, and non-performing assets decreased. Khara, who took over during the Covid crisis, leaves a legacy of remarkable financial growth and stock performance.
SBI Q2 net profit likely to fall 30% YoY: Five things to watch out for
SBI, which is expected to complete the process by March 2017, is expected to bear Rs 3,500 crore on account of harmonisation of employee pension plans.
Look who moved my market on Thursday
Sensex plunged over 800 points on Thursday tracking weak cues from other Asian and European markets and weak earnings by leading index constituents.
