State Bank of India (SBI), India’s largest public-sector bank, has announced a substantial final dividend for the financial year 2024-25. This move comes amid mixed financial results for the March quarter.
Final Dividend Details and Key Dates
In its latest earnings release, SBI declared a final dividend of ₹15.9 per equity share—representing a 1,590% payout on the face value—for FY 2024-25. The record date for shareholders to be eligible for this dividend has been set as Friday, May 16, 2025. The equity will trade ex-dividend on the same day.
The cum-dividend date, or the last day to buy shares to qualify for the payout, falls on Thursday, May 15, 2025. The dividend payment is scheduled for May 30, 2025, as per SBI’s official [announcement](https://sbi.co.in).
This final dividend reflects the bank’s ongoing strategy to reward shareholders despite challenges in profit margins during the quarter.
SBI Q4 FY25 Performance: A Mixed Bag
For the quarter ending March 31, 2025, SBI posted a 10% year-on-year decline in standalone net profit at ₹18,643 crore, down from ₹20,698 crore in the same quarter last year. On a consolidated basis, the decline was 8%, bringing net profit to ₹19,600 crore from ₹21,384 crore.
Meanwhile, total income showed a positive trajectory. SBI reported ₹1,43,876 crore in revenue for Q4 FY25, compared to ₹1,28,412 crore in the same period a year earlier. Interest income rose to ₹1,19,666 crore from ₹1,11,043 crore, indicating continued demand in core banking activities.
Notably, the bank recorded a strong improvement in asset quality. Gross Non-Performing Assets (NPAs) dropped to 1.82% from 2.24%, while net NPAs improved to 0.47%, compared to 0.57% a year ago. This marks steady progress in SBI’s efforts to strengthen its balance sheet and manage credit risk.
Full-Year Financial Snapshot
Despite quarterly fluctuations, SBI closed the full financial year with a robust 16% increase in standalone profit, reaching ₹70,901 crore—up from ₹61,077 crore in FY24. Consolidated income for the year also expanded to ₹1,79,562 crore from ₹1,64,914 crore.
These results come against the backdrop of shifting market trends and evolving economic conditions. While the bank’s profit dipped in Q4, its strong fundamentals and asset quality reflect stability in the long run—especially significant amid broader market developments like the ongoing bank rally and investor attention on auto stocks and other cyclical sectors.
For more details, visit the official SBI Investor Relations page.