ALPHA TRIBE

SBI Cards and Payment Services LimitedResults, 28-01-2025: Integrated Filing- Financial

28-01-2025 | 09:20 pm

SBI Cards and Payment Services Limited reported its financial results for the quarter and nine months ended December 31, 2024. Total revenue from operations increased to ₹4,618.69 crore, driven by higher interest and commission income. Profit after tax was ₹383.23 crore, demonstrating resilience despite increasing expenses. The company's Gross and Net Non-Performing Assets (NPAs) rose to 3.24% and 1.18%, respectively. As of end-December, paid-up equity share capital reached ₹951.35 crore. This performance indicates a positive outlook for the company, although rising NPAs may raise concerns among investors about credit quality.

No comments yet. Be the first to comment!

All announcements from SBI Cards and Payment Services Limited