• Source:JND
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SBI Q4 Results: India's largest private sector lender, State Bank of India (SBI), reported a 6 per cent increase in standalone net profit to Rs 19,684 crore for the fourth quarter ended March 2026, driven by lower bad loans.

The public sector bank's net profit for the January-March period of the financial year 2024-25 was Rs 18,643 crore.

However, total income fell to Rs 1,40,412 crore in the March quarter from Rs 1,43,876 crore in the same period last year, SBI said in a regulatory filing. The bank reported interest income of Rs 1,23,098 crore in the quarter, up from Rs 1,19,666 crore in the same period last year.

The public sector bank has declared a dividend of Rs 17.35 per share of face value of Re 1.

Asset Quality Improves

According to exchange filings, SBI has recorded an improvement in asset quality, which was 1.82 per cent at the end of March 2025. It declined to 1.49 per cent of total advances in the fourth quarter. Similarly, net non-performing assets declined to 0.39 per cent from 0.47 per cent.

On an adjusted basis, SBI's net profit for the quarter rose marginally to Rs 19,643 crore from Rs 19,600 crore a year ago. Total income increased to Rs 1,81,079 crore from Rs 1,79,562 crore.

For the full financial year 2025-26, the bank reported a 13 per cent growth in net profit on a standalone basis to Rs 80,032 crore. This was up from Rs 70,901 crore in the previous year.

Bank Declares Dividend

For the financial year 2026, the bank's board has declared a dividend of Rs 17.35 per equity share of face value of Rs 1 per unit.

The record date for determining the eligibility of members to receive dividends on equity shares is May 16, and the dividend payment date is June 4. SBI shares fell about 6 per cent to Rs 1,027.5 on the BSE soon after the results were announced.

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SBI Stock Today

Despite the positive results,  the shares of SBI declined sharply as the results did not lift investors' sentiment. The SBI share price settled at 1,018.40, down Rs 73.60 or 6.74 per cent. 

(With Inputs From PTI)

Disclaimer: This story is for informational purposes only. It should not be considered as investment advice. 


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