State Bank of India reports strong half-year financial performance

For the half-year ended September 30, 2025, State Bank of India (SBI) reported a standalone net profit of ₹39,320.11 crore, up from ₹35,366.60 crore in the prior year. Consolidated net profit for the same period reached ₹43,131.13 crore. Interest earned on a standalone basis grew to ₹2,37,649.81 crore, while total income stood at ₹2,70,321.03 crore. The bank's total assets on a standalone basis were ₹69,87,468.72 crore as of September 30, 2025.

Key strategic moves were also highlighted, including the divestment of SBI's entire 14.96% stake in Jio Payments Bank Ltd., generating a profit of ₹25.46 crore. Additionally, the bank divested 13.18% of its shareholding in Yes Bank Limited, resulting in a profit of ₹4,593.22 crore, recognized as an exceptional item. The Provision Coverage Ratio (PCR) as of September 30, 2025, stood at 75.79%, rising to 92.29% with Advance Under Collection Account (AUCA).

The bank also allotted 30,59,97,552 fully paid-up equity shares to Qualified Institutional Buyers (QIBs) at an issue price of ₹817.00 per equity share, raising ₹25,000 crore and increasing its paid-up equity capital from ₹892.46 crore to ₹923.06 crore.