SBI Cards Q2 FY26: Profit rises 10% YoY to Rs 445 crore, misses estimates
Published on 24/10/2025 06:40 PM
SBI Cards and Payment Services Ltd on Friday reported a 10 per cent year-on-year (YoY) rise in its net profit to Rs 445 crore for the quarter ended September 30, 2025, compared with Rs 404 crore in the same period last year. The figure, however, came in below Zee Business estimates of around Rs 600 crore.
Total revenue increased 13 per cent to Rs 5,136 crore during the quarter from Rs 4,556 crore a year ago, supported by higher fee and commission income as well as steady interest earnings.
Net interest income (NII) rose to Rs 1,730 crore from Rs 1,502 crore YoY, while interest income grew 9 per cent to Rs 2,490 crore. Fees and commission income jumped 16 per cent to Rs 2,471 crore. Finance costs declined 4 per cent to Rs 760 crore, aided by lower borrowing costs.