SBI Q4 Results: Net Profit Rises 5.6% To Rs 19,684 Crore, Revenue Up 4.1%; Rs 17.35 Dividend Declared

State Bank of India (SBI), the country’s largest lender, on Friday reported a 5.6 per cent year-on-year rise in its net profit to Rs 19,684 crore for the fourth quarter ended March 31, 2026. Its net interest income, the difference between interest earned and interest expended, in January-March 2026 increased 4.1 per cent to Rs 44,380 crore, compared with Rs 42,618 crore in the year-ago period.

Following this, shares of SBI crashed to the day’s low of Rs 1,010.9 apiece on the NSE, which was 7.4 per cent lower than the previous close of Rs 1,092.

SBI’s board also declared a dividend of Rs 17.35 per equity share. The record date for determining the eligibility of shareholders to receive the dividend is 16 May 2026. The dividend payout date is set

at 4 June 2026.

On the asset quality front, State Bank of India continued to show improvement, with the gross non-performing asset (GNPA) ratio easing to 1.49 per cent from 1.57 per cent in the previous quarter. The net NPA ratio remained unchanged sequentially at 0.39 per cent.

In absolute terms, gross NPAs declined marginally to Rs 73,452.5 crore from Rs 73,636.8 crore in the December quarter. However, net NPAs rose to Rs 18,830 crore compared with Rs 18,012 crore in the preceding quarter.

Provisions saw a sharp sequential and annual decline, coming in at Rs 2,872 crore versus Rs 4,507 crore in the previous quarter and Rs 6,441 crore a year ago. The lower provisioning outgo supported profitability, partially offsetting the impact of softer-than-expected net interest income (NII).