SBI Cards reported a 10% YoY increase in net profit to ₹445 crore for Q2 FY26, but a 20% QoQ decline. Total income rose 13% YoY to ₹5,136 crore, with a mixed performance in operational metrics, including a 31% increase in spends.
2 min read24 Oct 2025The Indian stock market declined as pharmaceutical shares reacted to Trump's tariff announcement. Nifty 50 and BSE Sensex fell 0.50%, marking six consecutive days of losses. Traders are advised to remain cautious amidst weak momentum and bearish indicators.
3 min read26 Sep 2025SBI Cards shares fell 6.1% to ₹834.75 after weak June quarter results, marking a fourth straight profit decline. Net profit dropped 6% to ₹556 crore, while revenue rose 12%. Brokerages, including HSBC and Morgan Stanley, have reduced their price targets for the stock.
2 min read28 Jul 2025Stock Market Today: SBI Cards and Payment Services Ltd share price gained 3% during the intraday trades on Thursday. The record date for dividend was 25 February'2025 Should you Buy, Sell of Hold the stock after the record date for Dividend?
2 min read27 Feb 2025Shares to buy or sell: Rajesh Palviya has recommended to buy, hold, and accumulate Redington Ltd, SBI Cards and Payment Services Ltd, and Muthoot Finance Ltd.
2 min read14 Feb 2025SBI Cards reported Q2FY25 total income of ₹4,556 crore, an 8% rise year-on-year. Interest income surged 20%, but profit after tax fell to ₹404 crore. Asset quality declined with NPAs at 3.27%. Cards-in-force grew 10%, but new accounts dropped significantly.
2 min read29 Oct 2024Shares of SBI Cards and Payment Services declined over 4 percent as brokerages expressed caution following the credit card company's mixed performance in its March quarter (Q4FY24) results.
4 min read29 Apr 2024SBI Card Q4 results: Company posted 11.05 per cent year-on-year (YoY) increase in its net profit for the March quarter of the financial year 2023-24, reaching ₹662.37 crore compared to ₹596.47 crore reported in the corresponding period of the previous year.
2 min read26 Apr 2024Top Stock Recommendations: Sagar Doshi of Nuvama Professional Clients Group recommends buying these three stocks today - InterGlobe Aviation Ltd (Indigo), SBI Cards and Payment Services Ltd, and Jubilant Ingrevia Ltd.
4 min read10 Apr 2024SBI Cards and Payment Services, in an exchange filing, said the interim dividend will be credited on or before April 17, 2024.
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