SBI Card Q4 net up 11% at 662 crore
Pure play credit card issuer had recorded 7% jump in net profit in 2023-24 at 4,475 crore26-04-2024
26-04-2024
Q4FY24 Quarterly & FY24 Annual Result Announced for SBI Cards and Payment Services Ltd.
Finance company SBI Cards and Payment Services announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights: Total income increased by 14% at Rs 4,475 crore in Q4FY24 vs Rs 3,917 crore in Q4FY23. Finance costs increased by 43% at Rs 724 crore in Q4FY24 vs Rs 507 crore in Q4FY23 Total Operating cost decreased by 3% at Rs 1,918 crore in Q4FY24 from Rs 1,980 crore in Q4FY23 Earnings before credit costs increased by 28% at Rs 1,833 crore in Q4FY24 vs Rs 1,429 crore in Q4FY23 Total Revenue increased by 14% YoY at Rs 4,475 crore in Q4FY24 vs Rs 3,917 crore in Q4FY23 PAT increased by 11% YoY at Rs 662 crore in Q4FY24 vs Rs 596 crore in Q4FY23 ROAA at 4.7% in Q4FY24 vs 5.4% in Q4FY23 ROAE at 22.2% in Q4FY24 vs 24.6% in Q4FY23 Capital Adequacy Ratio at 20.5%; Tier 1 at 16.5% FY24 Financial Highlights: Total income increased by 22% at Rs 17,484 crore in FY24 vs Rs 14,286 crore in FY23 Finance costs increased by 58% at Rs 2,595 crore in FY24 vs Rs 1,648 crore in FY23 Total Operating cost increased by 12% at Rs 8,369 crore in FY24 vs Rs 7,448 crore in FY23. Earnings before credit cost increased by 26% at Rs 6,519 crore in FY24 vs Rs 5,190 crore in FY23 Impairment losses & bad debts expenses increased by 52% at Rs 3,287 crore in FY24 vs Rs 2,159 crore in FY23 Profit after tax increased by 7% at Rs 2,408 crore in FY24 vs Rs 2,258 crore in FY23 Result PDF26-04-2024
SBI Cards and Payment Services Ltd - 543066 - Announcement under Regulation 30 (LODR)-Investor Presentation
Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Investor Presentation Q4 FY24.26-04-2024
SBI Cards and Payment Services Ltd - 543066 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Disclosure under Regulation 30 of SEBI(Listing Obligations and Disclosure Requirements) Regulations, 2015 - Press Release26-04-2024
SBI Cards and Payment Services Ltd - 543066 - Audited Financial Results Of The Company For The Quarter And The Year Ended March 31, 2024
Audited Financial results of the Company for the quarter and the year ended March 31, 2024 alongwith the Auditor Report issued by the Statutory Auditors on the said financial results.26-04-2024
Travel, hospitality, entertainment comprised 33% of SBI Card's spends in 9M FY24
SBI Card tracks spending patterns, noting a rise in travel, including both business and leisure, reflecting societal trends and market expectations24-04-2024
SBI Cards and Payment Services Ltd - 543066 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Disclosure under Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Press Release23-04-2024
SBI Cards and Payment Services Ltd - 543066 - ''Disclosure Under Regulation 30 And 51 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 -Product Launch
Disclosure under Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Product Launch23-04-2024
SBI Cards and Payment Services Ltd - 543066 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
Intimation of allotment of 2600 equity shares pursuant to exercise of Employee Stock Options under SBI Card - Employee Stock Option Plan 2019 (ESOP Scheme 2019)22-04-2024
SBI Cards and Payment Services Ltd - 543066 - Disclosure Under Regulation 30 And 51 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 - Appointment Of Director
Disclosure under Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Appointment of Shri Ashwini Kumar Tewari (DIN: 08797991) as Nominee Director19-04-2024