Total income was boosted by fees and other revenues which increased by 13% to Rs 2,553 crore in Q4 FY'26. Pic source: (AI image for representational purposes)
Total income was boosted by fees and other revenues which increased by 13% to Rs 2,553 crore in Q4 FY'26. Pic source: (AI image for representational purposes)SBI Cards and Payment Services on Monday reported a 14% rise in Q4 net profit during its Q4 earnings. Profit after tax increased 14% to Rs 609 Cr in Q4 FY'26 against Rs 534 crore in Q4 FY'25.
SBI Cards revenue rose 7% to Rs 5187 crore in Q4 against Rs 4832 crore in the year ago period.
Total income rose 7% to Rs 5,187 crore in Q4 FY'26 against Rs 4,832 Cr in Q4 FY'25. Total income was boosted by fees and other revenues which increased by 13% to Rs 2,553 crore in Q4 FY'26 against Rs 2,259 Cr in Q4 FY'25.
However, finance costs fell 10% to Rs 714 crore in Q4 FY'26 against Rs 795 Cr in Q4 FY'25. Total operating costs rose 24% to Rs 2,561 Cr in Q4 FY'26 from Rs 2,073 Cr in Q4 FY'25.
Impairment losses & bad debts expenses fell 12% to Rs 1,097 Cr in Q4 FY'26 against Rs 1,245 crore in Q4 FY'25.
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