State Bank of India — Q1 FY25
SBI reported a modest 0.9% YoY PAT growth to INR 17,035 crore in Q1 FY25, with operating profit up 4.55% to INR 26,449 crore.
neutral
medium
✓ Verified against BSE filing
Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.
Q4 FY24
Loan growth of 13%-15% in FY25
Management expects overall loan book to grow 13%-15% in FY25, with corporate segment growing around 16%.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1
Q4 FY24
Staff cost increase of ~INR 6,000 crore in FY25
Additional staff cost due to wage revision is estimated at ~INR 500 crore per month, totaling ~INR 6,000 crore annually.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1
Q4 FY24
NIM to be maintained around current levels
Management expects net interest margin to remain stable around 3.4%, with marginal 5-6 bps variation.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1
Q4 FY24
Credit cost guidance of 50 bps
Management reiterated credit cost guidance of 50 bps, though internal target is to keep it as low as possible.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1