Categories AlphaGraphs, Earnings

State Bank of India Q2FY25; 2.7% rise in Net Profit q-o-q

Company Overview:

State Bank of India is a Fortune 500 company. It is an Indian Multinational, Public Sector banking and financial services statutory body headquartered in Mumbai. It is the largest and oldest bank in India with over 200 years of history.

Financial Results:

State Bank of India reported Total revenue for Q2FY25 of ₹1,63,802 Crore up from ₹1,52,125 Crore q-o-q, a rise of 7.7%.

Total Expense for Q2FY25 of ₹1,30,742 Crore up from ₹121,289 Crore q-o-q, a rise of 7.8%.

Net Profit of ₹20,219 Crore up 2.7% from ₹19,680 Crore in the previous quarter (Q1FY25).

The Earnings per Share is ₹22.17, up 2.4% from ₹21.65 in the previous quarter (Q1FY25).

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