Are SBI latest results good or bad?

State Bank of India (SBI) has released its financial results for the quarter ending June 2025. The key takeaway from these results indicates a mixed operational performance.
On the positive side, SBI reported a Profit After Tax (PAT) of Rs 19,160.44 crore, which is the highest in the last five quarters, and an Earnings per Share (EPS) of Rs 21.47, suggesting enhanced profitability for shareholders. Additionally, the bank achieved a Net Non-Performing Asset (NPA) ratio of 0.47%, the lowest in five quarters, indicating a reduction in stressed loans. Furthermore, the Capital Adequacy Ratio (CAR) improved to 14.63%, reflecting a stronger capital position relative to its risk assets.

Conversely, the bank faced challenges, with Profit Before Tax (PBT) declining to Rs 8,439.59 crore, marking a significant year-on-year decrease. Net Interest Income also fell to Rs 41,072.49 crore, the lowest in five quarters, and a substantial portion of the PBT, 67.27%, came from non-operating income, raising concerns about the sustainability of its earnings.

In terms of year-on-year growth, the Interest Earned showed a growth of 5.8%, down from 16.2% in the previous year. Operating Profit (PBDIT) grew by 15.49%, while the percentage of Net NPAs decreased slightly by 0.10%. Notably, the Net Profit exhibited a year-on-year growth of 12.48%.

Overall, SBI's financial results reflect a combination of strong profitability metrics alongside some operational challenges, leading to an adjustment in its evaluation.