Standard Chartered India posts 15% rise in profit before tax in 2025

Standard Chartered's profit before tax from India increased 15% to $542 million in calendar year 2025 from $472 million a year ago helped by lower expenses and provisions. Annual results released by the bank showed that profit increased despite a 3% drop in operating income to $1.49 billion from $1.53 billion in 2024.

India improved one spot to occupy the number four position in terms of profit contribution in 2025 mainly because profit from China dropped 24% to $376 million from $493 million in 2024.

Total operating expenses in India fell 5% to $912 million from $957 million a year ago. The fall in total provisions including credit provisions from India was even sharper, falling 59% to $45 million in 2025 from $109 million in 2024. Total loans and advances to customers in India fell 5% to $12.28 billion in 2025 from $12.98 billion in 2024. Globally the bank gained $238 million from the sale of Solv India a B2B marketplace incubated by SC Ventures, at the end of June 2025. The banking group's total full-year pre tax profit rose 16% to $7.90 billion in 2025 from $6.81 billion in 2024.