24 Apr, EOD - Indian

SENSEX 79801.43 (-0.39)

Nifty 50 24246.7 (-0.34)

Nifty Bank 55201.4 (-0.30)

Nifty IT 35307.1 (-0.30)

Nifty Midcap 100 54969.85 (-0.13)

Nifty Next 50 65900.8 (-0.15)

Nifty Pharma 21974.6 (1.08)

Nifty Smallcap 100 16963.5 (-0.04)

24 Apr, EOD - Global

NIKKEI 225 35039.15 (0.49)

HANG SENG 21909.76 (-0.74)

S&P 5531.5 (2.18)


You are Here : Home > Research

29-Jan-2025

SBI Cards & Payment Services

Provisions continues to rise, asset quality stabilizing


'SBI Cards and Payment Services has posted 30% decline in net profit at Rs 383.23 crore in the quarter ended December 2024 (Q3FY2025).

The income from operations was flat yoy at Rs 4618.69 crore for Q3FY2025, while other income of the company jumped 23% to Rs 147.87 crore. The total income increased 1% to Rs 4766.56 crore for Q3FY2025.

Interest expenses increased 19% to Rs 828.64 crore. Operating expenses declined 13% to Rs 2058.39 crore, allowing the operating profits to improve 12% at Rs 1879.53 crore. The cost-to-income ratio improved to 52.3% in Q3FY2025 from 58.7% in Q3FY2024.

Depreciation declined -4% to Rs 48.76 crore, while provisions jumped 49% to Rs 1313.14 crore. Profit before tax dipped 30% yoy basis at Rs 517.63 crore. Effective tax rate increased to 26.0% in Q3FY2025 from 25.6% in Q3FY2024. Net Profit of the company declined 30% to Rs 383.23 crore for Q3FY2025.

Book value of the company stood at Rs 142.4 per share, while the adjusted book v...



Pleaselogin & subscribe to view the full report.

More Reports

Capital Market Publishers India Pvt. Ltd

401, Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400 071, India.

Formed in 1986, Capital Market Publishers India Pvt Ltd pioneered corporate databases and stock market magazine in India. Today Capitaline corporate database cover more than 35,000 listed and unlisted Indian companies. Latest technologies and standards are constantly being adopted to keep the database user-friendly, comprehensive and up-to-date.

Over the years the scope of the databases has enlarged to cover economy, sectors, mutual funds, commodities and news. Many innovative online and offline applications of these databases have been developed to meet various common as well as customized requirements.

While all the leading institutional investors use Capitaline databases, Capital Market magazine gives access to the databases to individual investors through Corporate Scoreboard. Besides stock market and company-related articles, the magazine’s independent and insightful coverage includes mutual funds, taxation, commodities and personal finance.

Copyright @ Capital Market Publishers India Pvt.Ltd

Designed, Developed and maintained by CMOTS Infotech (ISO 9001:2015 Certified)

Site best viewed in Internet Explorer Edge ,   Google Chrome 115.0.5790.111 + ,   Mozilla Firefox 115.0.3 + ,   Opera 30.0+, Safari 16.4.1 +