Categories AlphaGraphs, Earnings, Finance
SBI Cards & Payment Services Ltd Q3FY25; 30% fall in Profits
SBI Cards and Payment Services Limited is a non-deposit accepting systemically important nonbanking financial company registered with the RBI. The Company is engaged in issuing credit cards to consumers in India. It is headquartered in Gurgaon, Haryana. It is a subsidiary of India’s largest commercial bank, the State Bank of India.
Financial Results:
SBI Cards & Payment Services Ltd reported Revenues for Q3FY25 of ₹4,619.00 Crores down from ₹4,622.00 Crore year on year, a fall of 0.06%.
Total Expenses for Q3FY25 of ₹4,250.00 Crores up from ₹4,004.00 Crores year on year, a rise of 6.14%.
Consolidated Net Profit of ₹383.00 Crores down 30.24% from ₹549.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹4.03, down 30.28% from ₹5.78 in the same quarter of the previous year.
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