State Bank of India (SBI), the country’s largest public sector bank, has reached a new milestone by becoming one of the world’s most profitable companies. With a net profit of US$9.2 billion (₹77,561 crore) in FY25, SBI now ranks 98th globally in terms of annual earnings, according to data from Bloomberg.
SBI’s performance places it alongside global leaders like Apple, Alphabet (Google’s parent), Microsoft, NVIDIA, and JPMorgan Chase. While Alphabet leads with US$111 billion in profit and Saudi Aramco follows at US$105 billion, SBI’s strong numbers mark India’s growing presence in global banking and business.
SBI is just behind Netflix and Cisco Systems on the list, making it the third Indian company after ONGC (2009) and Reliance Industries (2021) to enter the global top 100 profit-makers.
At 10:16 AM, SBI share price was up 0.57% and was trading at ₹806.25.
SBI’s profit growth has been driven by consistent performance. The bank recorded a 31% compound annual growth in net profit over the past five years. Its recent Q4 earnings beat street expectations, driven by strong recoveries and forex gains, even though operating costs were higher.
SBI’s entry into the global top 100 most profitable companies is a proud moment for India. With strong growth, positive analyst sentiment, and global recognition, the bank has shown that Indian institutions can compete with the best in the world.
Read more on: SBIN Share Price in Focus on May 5; FY25 Net Profit Up 16%; ₹15.90 Dividend Announced
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.
Published on: May 13, 2025, 10:26 AM IST
We're Live on WhatsApp! Join our channel for market insights & updates