SBI Cards Reports 14% Yearly Profit Growth in Q4 FY26
SBI Cards Q4 Results: Net profit rises 14% YoY to Rs 609 crore, revenue up 6%
The Economic Times
Image: The Economic Times
SBI Cards and Payment Services reported a net profit of ₹609 crore for Q4 FY26, a 14% increase from the previous year. Revenue from operations rose 6% to ₹4,934 crore. Despite positive results, shares saw minor losses post-announcement.
- 01Net profit increased by 14% year-on-year to ₹609 crore.
- 02Revenue from operations rose by 6% to ₹4,934 crore.
- 03Total income grew by over 7% to ₹5,187 crore.
- 04Total expenses increased by 6% to ₹4,371 crore.
- 05Shares traded at around ₹664 apiece after results announcement.
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SBI Cards and Payment Services announced a net profit of ₹609 crore for the fourth quarter of the financial year 2026, reflecting a 14% year-on-year increase from ₹534 crore in Q4 FY25. Revenue from operations also saw a 6% rise, reaching ₹4,934 crore, up from ₹4,674 crore in the same quarter last year. Total income for the quarter increased by over 7% to ₹5,187 crore, while total expenses rose by 6% to ₹4,371 crore. Following the announcement, the company's shares experienced marginal losses, trading at approximately ₹664 each.
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The growth in net profit and revenue suggests improved financial health for SBI Cards, which could lead to more competitive offerings and better services for customers.
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