The Small Industries Development Bank of India (Sidbi) on Monday reported a 19.5% rise in its net profit, touching an all-time high of Rs 4,811 crore for FY25 against Rs 4,026 crore a year earlier.Sidbi said its balance sheet crossed Rs 5.6 lakh crore during the year, with total assets growing 8.7% to Rs 5,68,238 crore as of March 31, 2025, from Rs 5,22,521 crore in FY24. Loans and advances expanded by 8.8% to Rs 4,96,282 crore from Rs 4,56,015 crore, PTI reported.The bank’s income rose 20.6% to Rs 38,511 crore, while earnings per share climbed to Rs 84.62 in FY25. Asset quality remained strong with Gross NPA at 0.04% and Net NPA at nil. A dividend of 20% for FY25 was approved at the annual general meeting.Commenting on the results, Sidbi chairman and managing director Manoj Mittal said the lender is focused on leveraging technology to deepen financial inclusion for MSMEs. “We enhance credit accessibility through innovative digital initiatives and loan products, such as the EXPRESS loan, which utilises automated evaluation systems to facilitate prompt and seamless approvals,” he said.Mittal added that Sidbi continues to strengthen the MSME ecosystem by working with the government and other stakeholders, while also promoting green energy and cleaner production practices in line with India’s climate commitments.The Lucknow-headquartered development bank has been expanding its branch network through FY25 and FY26, aiming to widen its outreach and boost credit access for MSMEs.
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