SBI Card Q3 Profit Rises 8% to Rs 549 cr

NEW DELHI: SBI Cards and Payment Services Ltd has reported an 8 per cent rise in net profit to Rs 549 crore for the third quarter ended December 2023.

The pure-play credit card company, promoted by SBI, had posted a net profit of Rs 509 crore during the corresponding period of the previous financial year.

Total income grew to Rs 4,742 crore during the October-December period from Rs 3,656 crore in the year-ago period, SBI Card said in a regulatory filing.