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SBI's Net Profit FY22 Grows 55% To Rs 31,676 Cr In Q4

Net Interest Income (NII) for Q4FY22 increased by 15.26 per cent YoY

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The State Bank Of India has announced its fourth quarter financial results FY22 on Friday. The bank has registered its highest quarterly net profit of Rs 9,114 crore in Q4FY22, witnessing a growth of 41.28 per cent YoY. Net profit for FY22 grew by 55.19 per cent YoY to Rs 31,676 crore.

Return on Equity (RoE) as at the end of FY22 stands at 13.92 per cent which is higher by 398 bps YoY. While domestic NIM for Q4FY22 increased by 29 bps YoY at 3.40 per cent. 

Net Interest Income (NII) for Q4FY22 increased by 15.26 per cent YoY. The operating profit for FY22 grew by 5.22 per cent YoY to Rs. 75,292 crores; while operating profit for Q4FY22 at Rs 19,717 crore.

The bank's gross NPA ratio down by 101 bps YoY at 3.97 per cent, while Net NPA ratio down by 48 bps YoY at 1.02 per cent.


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state bank of india