State Bank of India (BOM:500112)

State Bank of India Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Interest Income on Loans	3,610,640	4,909,378	4,391,885	3,508,446	2,899,727
Interest Income on Investments	1,538,686	-	-	-	-
Total Interest Income	5,149,326	4,909,378	4,391,885	3,508,446	2,899,727
Interest Paid on Deposits	3,150,048	3,009,433	2,597,360	1,899,808	1,561,943
Net Interest Income	1,999,278	1,899,944	1,794,525	1,608,638	1,337,783
Net Interest Income Growth (YoY)	5.23%	5.88%	11.56%	20.25%	9.56%
Gain (Loss) on Sale of Assets	-	-162.29	-252.05	-290.32	-164.05
Gain (Loss) on Sale of Investments	-38,202	174,590	137,829	2,355	59,299
Other Non-Interest Income	1,985,045	1,472,808	1,333,649	1,155,267	1,058,172
Total Non-Interest Income	1,946,844	1,724,055	1,553,864	1,225,336	1,170,004
Non-Interest Income Growth (YoY)	12.92%	10.95%	26.81%	4.73%	9.12%
Revenues Before Loan Losses	3,946,122	3,624,000	3,348,389	2,833,973	2,507,787
Provision for Loan Losses	209,603	194,612	77,050	181,843	266,767
Revenue	3,736,519	3,429,388	3,271,339	2,652,130	2,241,021
Revenue Growth (YoY)	8.96%	4.83%	23.35%	18.34%	28.27%
Salaries and Employee Benefits	727,682	703,957	836,712	619,209	614,451
Occupancy Expenses	-	123,376	118,441	111,043	106,181
Selling, General & Administrative	-	68,222	62,512	58,105	48,592
Other Non-Interest Expense	1,898,822	1,470,180	1,341,274	1,109,789	974,410
Total Non-Interest Expense	2,611,533	2,350,680	2,344,887	1,886,230	1,735,364
EBT Excluding Unusual Items	1,124,986	1,078,708	926,452	765,900	505,656
Other Unusual Items	30,266	-	-	-	-
Pretax Income	1,155,252	1,078,708	926,452	765,900	505,656
Income Tax Expense	288,595	273,481	231,018	188,401	133,825
Earnings From Continuing Operations	866,657	805,226	695,434	577,499	371,832
Minority Interest in Earnings	-33,669	-29,613	-24,587	-21,017	-18,093
Net Income	832,988	775,613	670,847	556,482	353,739
Net Income to Common	832,988	775,613	670,847	556,482	353,739
Net Income Growth	7.40%	15.62%	20.55%	57.31%	57.88%
Basic Shares Outstanding	9,138	8,925	8,925	8,925	8,925
Diluted Shares Outstanding	9,138	8,925	8,925	8,925	8,925
Shares Change (YoY)	2.39%	-	-	-	-
EPS (Basic)	91.16	86.91	75.17	62.35	39.64
EPS (Diluted)	91.16	86.91	75.17	62.35	39.64
EPS Growth	4.89%	15.62%	20.56%	57.30%	57.88%
Dividend Per Share	17.350	15.900	13.700	11.300	7.100
Dividend Growth	9.12%	16.06%	21.24%	59.16%	77.50%
Effective Tax Rate	24.98%	25.35%	24.94%	24.60%	26.46%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.