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HomeFinanceSBM clocks in profit after tax at Rs 3.3 billion

SBM clocks in profit after tax at Rs 3.3 billion

SBM Tower, Port-Louis, August 13, 2025: The SBM Group has clocked in solid growth during the first semester of the financial year 2025, registering profit after tax with Rs 3,3 billion for the six months ending June 30, 2025. It accounts for an increase of 42 percent in relation to Rs 2.3 billion for the corresponding period of last year, showcasing the group’s resilience in terms of an economic model and efficient diversification strategy launched recently.

Non-banking deposits for clients increased by Rs 9,9 billion during the same semester, reaching Rs 369,4 billion, while loans and net advances to clients stood at Rs 175 billion as at June 30, 2025, in relation to Rs 172,7 billion as at December 31, 2024. A rise in net interest income , hitting Rs 5.8 billion, was witnessed for the half-year, constituting an increase of 7.9 percent in relation to last year. On the other hand, the non-interest income spurred by 6.1 percent in relation to 2024.

The group has expressed confidence in its outlook for the rest of the year to maintain its growth momentum. “The results have significantly improved, reflecting the remobilisation of the teams and our willingness to give a new impetus to relationships with our customers.”

In an economic context deemed as complex and highly demanding, we were able to strengthen our position on the diverse markets while at the same time pursuing investment in human capital and digital transformation. We have also responded proactively and professionally to clients’ response while having the unflinching support of the board constituted since several months to achieve both our short-term and long-term ambition by concentrating our efforts in the leveraging of value addition for our shareholders and our stakeholders as whole,” commented the Group Chief Executive Officer of SBM Holdings Ltd, Raoul Gufflet.

With robust fundamentals, a diversified portfolio, and a vision now geared towards the future, the SBM Group intends to charter a continuous growth trajectory while remaining cautious in the face of macroeconomic and regulatory developments. The Group is determined to consolidate its economic and financial foundations and to work continuously to improve the quality of its customer service by investing in its staff and the digital transformation of all its entities.

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