SBI Cards and Payment Services Ltd Reports 12% YoY Increase in Total Revenue to ¥ 5,035 Cr in Q1 FY26

SBI Cards and Payment Services Ltd, a leading credit card issuer in India, reported a 12% year-over-year increase in total revenue to ¥ 5,035 Cr in the first quarter of the financial year 2025-26 (Q1 FY26). The profit after tax (PAT) stood at ¥ 556 Cr, a decrease of 6% compared to the same period last year. The company’s gross non-performing assets were at 3.07% of gross advances as of June 30, 2025. The company’s CRAR was 23.2% compared to 20.6% as of June 30, 2024, and its Tier 1 capital was 17.9% as of June 30, 2025, compared to 16.8% as of June 30, 2024. SBI Card’s net worth as of June 30, 2025, has been ¥ 14,413 Cr.