SBI Cards and Payment Services Ltd - 543066 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Audio recording - SBI Card 2Q''''FY24 Earnings Call. Q2FY24 Quarterly & H1FY24 Bi-Annual Result Announced for SBI Cards and Payment Services Ltd.
Non-banking Financial company SBI Cards and Payment Services announced Q2FY24 & H1FY24 results: Q2FY24: Total Revenue increased by 22% YoY at Rs 4,221 crore in Q2FY24 v/s Rs 3,453 crore in Q2FY23 PAT increased by 15% YoY at Rs 603 crore in Q2FY24 v/s Rs 526 crore in Q2FY23 ROAA at 4.9% in Q2FY24 v/s 5.4% in Q2FY23 ROAE at 22.3% in Q2FY24 v/s 24.1% in Q2FY23 Capital Adequacy Ratio at 23.3%; Tier 1 at 20.8% New accounts volume down by 12% at 1,142K in Q2FY24 v/s 1295K in Q2FY23 Cards-in-force grew by 21% YoY at 1.79 crore as of Q2FY24 v/s 1.48 crore as of Q2FY23 Spends grew by 27% YoY at Rs 79,164 crore in Q2FY24 v/s Rs 62,306 crore in Q2FY23 Receivables grew by 19% YoY at Rs 45,078 crore in Q2FY24 v/s Rs 37,730 crore in Q2FY23 Market share for Card-in-force 19.2% (Q2FY23: 19.1 %), Spends 18.0% (Q2FY23: 17.8%). For Q2FY24, #2 for both, Cards-in-force and spends, in industry H1FY24: Total income increased by 23% at Rs 8,268 crore in H1FY24 v/s Rs 6,716 crore in H1FY23. This movement was a result of the following key factors: Interest income increased by 29% at Rs 3,706 crore in H1FY24 v/s Rs 2,872 crore in H1FY23 Fees and commission income increased by 23% at Rs 3,872 crore in H1FY24 v/s Rs 3,149 crore in H1FY23 Finance costs increased by 74% to Rs 1,176 crore in H1FY24 v/s Rs 676 crore in H1FY23. Total operating cost increased by 15% at Rs 4,025 crore in H1FY24 v/s Rs 3,497 crore in H1FY23 Earnings before credit cost increased by 21% at Rs 3,066 crore in H1FY24 v/s Rs 2,543 crore in H1FY23. Impairment on financial instruments increased by 47% at Rs 1,460 crore in H1FY24 v/s Rs 996 crore in H1FY23. Profit after tax increased by 4% to Rs 1,196 crore in H1FY24 vs Rs 1,153 crore in H1FY23. Result PDF SBI Cards and Payment Services Ltd - 543066 - Intimation Of Grant Of Options
Intimation of approval of Grant of Options SBI Cards and Payment Services Ltd - 543066 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release on Financial Results of the Company for the Quarter and the half year ended September 30, 2023 SBI Cards and Payment Services Ltd - 543066 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor Presentations on the Financial Results of the Company for the Quarter and the half year ended September 30, 2023 SBI Cards and Payment Services Ltd - 543066 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor Presentations on the Financial Results of the Company for the Quarter and the half year ended September 30, 2023 SBI Cards and Payment Services Ltd - 543066 - Outcome Of Board Meeting Held On October 27, 2023 - Grant Of Options
Outcome of Board Meeting held on October 27, 2023 - Grant of Options SBI Cards and Payment Services Ltd - 543066 - Unaudited Financial Results Of The Company For The Quarter And The Half Year Ended September 30, 2023
Unaudited Financial Results of the Company for the quarter and the half year ended September 30, 2023 and the Limited Review Report of the Statutory Auditors on the said Financial Results
SBI Cards Share Price Live blog for 27 Oct 2023
SBI Cards stock price went down today, 27 Oct 2023, by -0.43 %. The stock closed at 776.25 per share. The stock is currently trading at 772.95 per share. Investors should monitor SBI Cards stock price closely in the coming days and weeks to see how it reacts to the news.