SBI Cards & Payment Services Q3 FY24 Results Live: Profit Rises by 7.78% YoY

SBI Cards & Payment Services declared their Q3 FY24 results on 25 Jan, 2024. The topline increased by 31.78% & the profit increased by 7.78% YoY. As compared to the previous quarter, the revenue grew by 13.07% and the profit decreased by 8.94%.

The Selling, general & administrative expenses declined by 2.35% q-o-q & increased by 1.57% Y-o-Y.

The operating income was up by 2.57% q-o-q & increased by 31.37% Y-o-Y.

The EPS is ₹5.78 for Q3 FY24 which increased by 7.84% Y-o-Y.

SBI Cards & Payment Services has delivered 1.28% return in the last 1 week, -11.42% return in the last 6 months, and 0.03% YTD return.

Currently, SBI Cards & Payment Services has a market cap of ₹72244.89 Cr and a 52-week high/low of ₹933 & ₹695.55 respectively.

As of 27 Jan, 2024, out of 25 analysts covering the company, 2 analysts have given a Strong Sell rating, 6 analysts have given a Sell rating, 6 analysts have given a Hold rating, 4 analysts have given a Buy rating, and 7 analysts have given a Strong Buy rating.

The consensus recommendation as of 27 Jan, 2024, was to Hold.