Public sector banks in India reported a good profit in the third quater as per the reports. The number has reached Rs. 52,603 as highlighted by the media reports. Total Q3 for Public Sector Banks Increase in Net Profit of 18% to Rs. 52,603 crore. SBI, the market leader, accounted for 40% of the overall revenue of Rs. 52,603 crore.
In the third quarter of the current fiscal year, public sector banks recorded a record cumulative profit of Rs. 52,603 crore, representing an 18% increase year over year. State Bank of India, the largest lender in the nation, led the way, as reported earlier. In the December quarter of FY25, all 12 PSBs collectively generated a profit of Rs. 44,473 crore. As a result, the actual increase in profit was Rs. 8,130 crore when compared to the same quarter of the previous financial year, PTI reports.
According to PTI’s reported figures on stock markets, SBI, the market leader, alone made up 40% of the total profits of Rs. 52,603 crore.
The combined profit of PSBs surpassed Rs. 1,45,000 crore for the first time throughout the nine months ending in December 2025. The first three quarters of FY25 saw notable financial gains for Public Sector Banks (PSBs), with a record net profit increase of 31.3% year-on-year, totaling Rs. 1,29,426 crore, as per some earlier reports.
In the first quarter of the financial year 2025, public sector lenders posted a greater profit of 11% or Rs. 44,218 crore, as opposed to Rs. 39,974 crore in the June quarter, reports say.
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