SBI Q2 FY25 Earnings Preview: PAT likely to grow 14%, asset quality may improve; here is what investors can expect

SBI is estimated to register a net profit of Rs 16,400 crore for the quarter ended September 30, which translates to a year-on-year increase of 14.4 per cent. 

 

The PSU bank had begun the financial year with a net profit of Rs 17,035.2 crore in the first three months. 

State Bank of India is expected to clinch net interest income (NII) of Rs 41,600 crore for the July-September period, up 5.3 per cent over the corresponding period a year ago, according to Zee Business research. 

Net interest income is the difference between the interest earned and the interest paid.

Zee Business analysts peg State Bank of India's gross non-performing assets (GNPAs) to come in at 2.16 per cent of its total loans for the September quarter, better than 2.21 per cent for the previous three months

Similarly, they anticipate SBI's net non-performing assets (NNPAs) to be contained at 0.55 per cent for the fiscal second quarter as against 0.57 per cent for the previous three months. 

The proportion of non-performing assets (NPAs)—or bad loans—to total loans determines a financial institution's asset quality. 

 

According to Zee Business research, SBI is expected to log a sharp increase in provisioning to Rs 3,900-4,000 crore from Rs 115 crore a year ago. 

Zee Business analysts expect SBI to clinch strong growth in its advances and deposits for the second quarter of the current financial year. 

 

On Thursday, SBI Shares gained by Rs 4.5, or 0.5 per cent, to end at Rs 859.3, their highest closing level since August 1. 

As of November 7, SBI shares have delivered a 48 per cent return to investors, sharply higher than the Nifty50's and Nifty Bank's 25 per cent and 19 per cent respectively.