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SBI Card PAT up 10%, misses estimates

Financial Express Bengaluru

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October 25, 2025

SBI CARDS AND Payment Services’ net profit rose 10% yearon-year to 445 crore for the September quarter.

- KSHIPRA PETKAR

However, it came in below the Bloomberg consensus estimate of *572 crore. Ona sequential basis, the net profit fell by 20%.

The growthin retail and corporate spending aided the increase in bottomline forthe quarter.Retail spending increased by 17% yo-y to 89,611 crore, while corporate spending surged 218% to 17,452 crore.

Overall spending rose by 31% yo-y and 15% sequentially to $1.07 lakh crore, while receivableswere up by 8%yo-y to%59,845 crore.Revenue from operations rose by 12%yo-yto %4,961 crore for the quarter.

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