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Source: Economic Times

Economic Times
Source
Banking Sector
Category
1 min
Read time
26 Aug
Published
Banking Sector
1 min read· Economic Times

Sidbi posts record FY26 profit of Rs 5,493 crore, up 14%

Sidbi’s FY26 net profit reached Rs 5,493 crore, a record for the bank and a 14% increase. Lending expanded too, while asset quality remained stable.

The financial year brought growth across Sidbi’s business, alongside its highest reported annual profit. Its balance sheet expanded significantly, and the report also highlighted a sizeable rise in its asset base. However, the supplied information does not give the closing size of either measure.

Loans and advances grew 17%, showing that the bank’s lending business continued to expand during FY26. This was a faster percentage increase than the rise in net profit. The report does not provide the total loan book value or identify which lending segments contributed most to the growth.

Asset quality held steady despite the expansion in lending. Sidbi’s gross non-performing asset ratio was described as low, although an exact percentage was not supplied. The available figures therefore point to business growth without a reported deterioration in asset quality, but do not allow a detailed comparison of loan performance.

The results bring together three key indicators: a record profit, a larger lending portfolio and stable asset quality. Details on income, expenses and provisions have not been stated in the supplied report, so the reasons behind the profit increase cannot be assessed from it alone.

Source: Economic Times