{"id":139082,"date":"2023-01-24T13:53:51","date_gmt":"2023-01-24T18:53:51","guid":{"rendered":"https:\/\/44.250.171.167\/?p=139082"},"modified":"2023-01-24T13:53:52","modified_gmt":"2023-01-24T18:53:52","slug":"sbi-cards-limited-q3fy23-earnings-summary","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/sbi-cards-limited-q3fy23-earnings-summary\/","title":{"rendered":"SBI Cards Limited Q3FY23 Earnings Summary"},"content":{"rendered":"\n<p>A systemically significant non-banking financial enterprise registered with the RBI is <a href=\"https:\/\/44.250.171.167\/symbol\/sbicard\/\" target=\"_blank\" rel=\"noreferrer noopener\">SBI Cards and Payment Services<\/a> Limited. The company deals with issuing credit cards to Indian customers.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Financial Results:<\/strong><\/h2>\n\n\n\n<p><a href=\"https:\/\/www.sbilife.co.in\/\" target=\"_blank\" rel=\"noreferrer noopener\">SBI Cards and Payment Services<\/a> Ltd. recorded a 32% increase in net profit for the December quarter, coming in at Rs. 509 crore.<\/p>\n\n\n\n<p>In the same time of the prior financial year, the SBI-promoted pure-play credit card business reported a net profit of Rs 386 crore.<\/p>\n\n\n\n<p>According to SBI Card, its overall revenue increased due to increases in interest income as well as income from fees and services. Spending on credit cards increased by 24% on an annual basis to Rs 68,835 crore.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A systemically significant non-banking financial enterprise registered with the RBI is SBI Cards and Payment Services Limited. The company deals with issuing credit cards to Indian customers. Financial Results: SBI Cards and Payment Services Ltd. recorded a 32% increase in net profit for the December quarter, coming in at Rs. 509 crore. In the same [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":134492,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392,1,6352],"tags":[8590],"class_list":["post-139082","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings","category-finance-stocks","category-research-summary","tag-payment-services"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-1286423252.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":178180,"url":"https:\/\/alphastreet.com\/india\/sbi-cards-and-payment-services-limited-q3-fy26-financial-results\/","url_meta":{"origin":139082,"position":0},"title":"SBI Cards and Payment Services Limited Q3 FY26 Financial Results","author":"Staff Correspondent","date":"January 28, 2026","format":false,"excerpt":"About SBI Cards and Payment Services Ltd. SBI Cards and Payment Services Ltd. (NSE: SBICARD) is a non-banking financial company that offers extensive credit card portfolio to individual cardholders and corporate clients which includes lifestyle, rewards, travel & fuel, and banking partnerships cards along with corporate cards covering all major\u2026","rel":"","context":"In &quot;Finance&quot;","block_context":{"text":"Finance","link":"https:\/\/alphastreet.com\/india\/category\/finance-stocks\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":131776,"url":"https:\/\/alphastreet.com\/india\/infographic-sbi-card-q1-profit-soars-more-than-100-to-rs-627-cr-net-revenue-rises-by-31\/","url_meta":{"origin":139082,"position":1},"title":"Infographic: SBI Card Q1 profit soars more than 100% to Rs 627 cr, Net revenue rises by 31%","author":"Chirag Gupta","date":"July 28, 2022","format":false,"excerpt":"On Thursday, SBI Cards and Payment Services Ltd (SBI Card) reported 106 per cent rise in net profit to Rs 627 crore in the first quarter ended June 30, 2022. The SBI-promoted card issuance company had reported a net profit of Rs 305 crore in the April-June quarter of the\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"trending stocks high volatility","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":150364,"url":"https:\/\/alphastreet.com\/india\/sbi-cards-5-fall-in-profits\/","url_meta":{"origin":139082,"position":2},"title":"SBI Cards &#038; Payment Services Ltd Q1FY24; 5% fall in Profits","author":"Chirag Gupta","date":"July 28, 2023","format":false,"excerpt":"SBI Cards and Payment Services Limited is a non-deposit accepting systemically important nonbanking financial company registered with the RBI. 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