SBI Tops Profit Charts as India’s Most Profitable Companies Show Mixed FY25 Performance

Mumbai, May 30, 2025 — India’s 10 most profitable companies delivered a mixed performance in FY25, with State Bank of India (SBI) emerging as the top earner, according to data from ACE Equity. While banks and a few corporate giants reported strong profits and solid long-term stock returns, companies tied to commodities struggled amid macroeconomic headwinds.

SBI led the pack, posting the highest profit among Indian firms and securing a place among the top five in five-year stock returns. The bank’s consistent performance reflects strong credit growth, improved asset quality, and robust digital transformation initiatives.

Other top performers included HDFC Bank, Reliance Industries, and TCS, which maintained healthy earnings despite sector-specific challenges. In contrast, commodity-linked firms—particularly in the metals and energy space—saw margin pressure and slower returns due to volatile global prices and input cost surges.

Market analysts note that while financial and IT sectors held up well, cyclical industries may continue to face uncertainty in the near term.