Summary

SBI Cards and Payment Services Ltd reported their financial results for the quarter ended September 30, 2025. The total revenue increased by 13% YoY to 5,136 Cr, and the profit after tax (PAT) increased by 10% YoY to 445 Cr. The company's ROAA was 2.6% and ROAE was 12.1%. The cards-in-force grew by 10% YoY to 2.15 Cr, and spends grew by 31% YoY to 107,063 Cr. The gross non-performing assets were at 2.85% of gross advances as of September 30, 2025.

Key Highlights

1. 1

   Total Revenue increased by 13% YoY at 5,136 Cr in Q2 FY26

2. 2

   PAT at 445 Cr in Q2 FY26, up 10% YoY

3. 3

   ROAA at 2.6% in Q2 FY26, v/s 2.7% in Q2 FY25

4. 4

   ROAE at 12.1% in Q2 FY26, v/s 12.5% in Q2 FY25

5. 5

   Cards-in-force grew by 10% YoY at 2.15 Cr as of Q2 FY26

6. 6

   Spends grew by 31% YoY at 107,063 Cr in Q2 FY26

7. 7

   Receivables grew by 8% YoY at 59,845 Cr in Q2 FY26

8. 8

   Market share for Q2 FY26 Card-in-force is at 19.0%

9. 9

   Market share for Q2 FY26 Spends is at 17.0%