Overview
- SBI Cards reported audited Q4 profit of ₹609.3 crore on total income of ₹5,187 crore, with revenue up 7% and profit up 14% year over year.
- Against the previous quarter, income eased from ₹5,353.4 crore to ₹5,187 crore, yet profit rose to ₹609.3 crore as operating expenses fell.
- Asset quality improved as gross non-performing loans fell to 2.41% from 3.08% a year earlier, with net non-performing loans at 1.04%.
- Credit costs eased, with impairments on financial instruments down to ₹1,096.8 crore and finance costs lower at ₹713.6 crore, supporting margins.
- For FY26, total income reached ₹20,707.6 crore and net profit climbed to ₹2,166.7 crore, reflecting 11% and 13% growth for the year.