SBI Ltd releases Consolidated Financial Results for December 31, 2022.
Financial Results (Q3 FY2023) – Quarter-over-Quarter Comparison:
Total income of SBI Ltd is Rs.127218.97 Crores (December 31, 2022) vs. Rs.114782.48 Crores (September 30, 2022)
Net profit/loss: Rs.15477.22 Crores (December 31, 2022) vs. Rs.14752 Crores (September 30, 2022)
EPS: Rs.17.34 (December 31, 2022) vs. Rs.16.53 (September 30, 2022)
| Financials | Q3 FY2023 | Q2 FY2023 | % Change |
| Total Income | ₹127218.97 Cr | ₹114782.48 Cr | ⬆ 10.83% |
| Net Profit | ₹15477.22 Cr | ₹14752 Cr | ⬆ 4.92% |
| EPS | ₹17.34 | ₹16.53 | ⬆ 4.90% |
Financial Results (Q3 FY2023) – Year-over-Year Comparison:
Total income of SBI Ltd is Rs.127218.97 Crores (December 31, 2022) vs. Rs.104528.22 Crores (December 31, 2022)
Net profit/loss: Rs.15477.22 Crores (December 31, 2022) vs. Rs.9555 Crores (December 31, 2022)
EPS: Rs.17.34 (December 31, 2022) vs. Rs.10.71 (December 31, 2022)
| Financials | Q3 FY2023 | Q3 FY2022 | % Change |
| Total Income | ₹127218.97 Cr | ₹104528.22 Cr | ⬆ 21.71% |
| Net Profit | ₹15477.22 Cr | ₹9555 Cr | ⬆ 61.98% |
| EPS | ₹17.34 | ₹10.71 | ⬆ 61.90% |
Financial Results (9 Months Ended FY2023) – Year-over-Year Comparison:
Total income of SBI Ltd is Rs.336525.75 Crores (December 31, 2022) vs. Rs.298938.41 Crores (December 31, 2021)
Net profit/loss: Rs.37554.33 Crores (December 31, 2022) vs. Rs.25824.75 Crores (December 31, 2021)
EPS: Rs.42.08 (December 31, 2022) vs. Rs.28.94 (December 31, 2021)
| Financials | 9 Months Ended FY2023 | 9 Months Ended FY2022 | % Change |
| Total Income | ₹336525.75 Cr | ₹298938.41 Cr | ⬆ 12.57% |
| Net Profit | ₹37554.33 Cr | ₹25824.75 Cr | ⬆ 45.42% |
| EPS | ₹42.08 | ₹28.94 | ⬆ 45.40% |
Asset Quality:
| Asset Quality | Q3 FY2023 | Q2 FY2023 | Q3 FY2022 |
| Gross NPA | ₹98346.50 Cr | ₹106804.14 Cr | ₹120028.77 Cr |
| Gross NPA % | 3.14% | 3.52% | 4.50% |
| Net NPA | ₹23484.31 Cr | ₹23572.19 Cr | ₹34539.68 Cr |
| Net NPA % | 0.77% | 0.80% | 1.34% |
Gross NPA of SBI Ltd was at ₹98,346.50 cr in Q3 FY2023, compared to ₹120,028.77 cr in Q3 FY2022 and ₹106,804.14 cr in Q2 FY2023.
Net NPA was at ₹23,484.31 cr in Q3 FY2023, compared to ₹34,539.68 cr in Q3 FY2022 and ₹23,572.19 cr in Q2 FY2023.
GNPA was 3.14% of Gross advances on December 31, 2022, compared to 4.50% on December 31, 2021 and 3.52% on September 30, 2022.
Net NPA was 0.77% of Gross advances on December 31, 2022, compared to 1.34% on December 31, 2021 and 0.80% on September 30, 2022.
| Ratios | Q3 FY2023 | Q2 FY2023 | Q3 FY2022 |
| RoA % | 1.08% | 1.04% | 0.71% |
| CAR (BASEL III) % | 13.27% | 13.51% | 13.23% |
Return on Average Assets (RoA) was 1.08% for Q3 FY2023, compared to 1.04% in Q2 FY2023 and 0.71% in Q3 FY2022.
In Q3 FY2023, the Bank’s Capital Adequacy Ratio (CAR) was 13.27%, compared to 13.51% in Q2 FY2023 and 13.23% in Q3 FY2022.
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