India's biggest lender, the State Bank of India, has announced the board meeting date to declare financial results for the quarter and year ended on March 31, 2025.
“In compliance with Regulation 29 (1) (a), Regulation 50 (1) and other applicable provisions of the SEBI (LODR) Regulations, 2015, we advise that a meeting of the Central Board of the Bank will be held on Saturday, 3rd May 2025 at Mumbai, inter-alia, to consider the financial results of the Bank for the quarter and year ended 31.03.2025,” SBI said in an exchange filing on Thursday, April 24, 2025.
The bank may also consider the declaration of dividend, if any, for the financial year ended March 31, 2025. “The Central Board of the Bank may also consider declaration of dividend, if any, for the FY 2024-25,” SBI informed.
State Bank of India (SBI) is estimated to report a 10% year-on-year decrease in net profit for Q4FY25. Net interest income is expected to rise 2.6% year-on-year. Meanwhile, margins may contract marginally sequentially. Advances and deposit growth are expected to remain ahead of industry trends, as Mint reported on April 15, 2025. Credit costs may normalise, with a little improvement in asset quality.
SBI's board meeting announcement for the declaration of financial results comes after major banks such as HDFC Bank, Yes Bank , ICICI Bank have announced their earnings.
HDFC Bank announced its January-March quarter results for Q4FY25 on Saturday, April 19, posting a rise of 6.7 per cent in standalone net profit at ₹17,616 crore from ₹16,521.9 crore in the corresponding period last year. NII rose 10.3 per cent to ₹32,066 crore in Q4FY25 compared to ₹29.076.8 crore in the year-ago period.
Yes Bank Limited recorded a 63 per cent jump in the net profits to ₹738 crore for Q4FY25, compared to ₹452 crore in the same period a year ago. NII rose 5.7 per cent to ₹2,276 crore in Q4FY25, from ₹2,153 crore in the same period a year ago.
ICICI Bank recorded an 18 per cent rise in net profits to ₹12,629.58 crore in Q4FY25, compared to ₹10,707,53 crore in the same quarter of the previous year. NII rose 11.8 per cent to ₹42,430.80 crore, compared to ₹37,948.36 crore in the same period of the previous fiscal year.
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