Kathmandu: India’s largest public sector bank, the State Bank of India (SBI), has achieved a new milestone by entering the list of the world’s top 100 most profitable companies, as compiled by Bloomberg.

SBI posted a net profit of $9.2 billion (approximately ₹775.61 billion) in the fiscal year ending March 2025. According to CNBC-TV18, this performance places the bank among global corporate giants such as Alphabet, Apple, Nvidia, and JPMorgan Chase. Notably, SBI’s share capital stands at just ₹89.2 billion.

The list is topped by Alphabet, Google’s parent company, with an annual net profit of $111 billion, followed by Saudi Aramco with $105 billion. Other tech giants in the top 10 include Apple, Microsoft, Nvidia, and Meta. SBI ranks 98th on the list, ahead of companies like Netflix and Cisco Systems.

The Bloomberg data also reveals geographic disparities, with 43 companies on the list based in the United States, followed by 19 from China and 5 from Germany.

While this marks SBI’s first appearance in the top 100 profit-makers, it is not the first time an Indian company has been featured. In 2009, the Oil and Natural Gas Corporation (ONGC) ranked 71st globally based on profits and continued to appear in the top 100 in subsequent years.

In 2021, Reliance Industries Limited, India’s most valuable company, ranked 98th on the same list. SBI’s recent success is attributed to a strong compound annual growth rate (CAGR) of 31% in net profit over the last five years.