SBI Cards and Payment Services Ltd
SBI Cards Q2 FY27 Net Profit Rs. 777.60 Crores, Up YoY
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 23 Oct 2026, 02:43 PM IST · BSE ID: 09d7a41b-c684-4f47-b9dc-b40854ccc596
View Original BSE Filing (PDF)
💡
In Simple Terms
SBI Cards announced its financial results, reporting a net profit of Rs. 777.60 Crores for the recent quarter.
🤖 AI Summary
- Net profit for the quarter ended September 30, 2026, was Rs. 777.60 Crores.
- Total revenue from operations for Q2 FY27 stood at Rs. 5,140.53 Crores.
- Half-year (H1 FY27) net profit was Rs. 1,442.06 Crores.
- Half-year total revenue from operations was Rs. 10,181.08 Crores.
- Basic Earnings Per Share (EPS) for Q2 FY27 was Rs. 8.17.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Net Profit after tax for the period
777.60 Crores
74.83%
Total revenue from operations
5,140.53 Crores
3.62%
Profit before tax for the period
1,045.72 Crores
74.36%
Impairment on financial instruments
819.37 Crores
-36.62%
Basic Earnings per Share
8.17 %
74.95%
🏢 How This Affects the Company
The company reported a net profit of Rs. 777.60 Crores for the quarter, an increase from Rs. 444.77 Crores in the prior year comparable quarter. Total assets increased to Rs. 71,102.31 Crores as of September 30, 2026, from Rs. 66,327.79 Crores as of March 31, 2026.
Impairment on financial instruments for the quarter decreased to Rs. 819.37 Crores from Rs. 1,292.72 Crores in the prior year comparable quarter.
👥 What This Means For Shareholders
✅
Action Required
No action required. The filing presents unaudited financial results for the quarter and half year ended September 30, 2026.
👤
Who Is Affected
All shareholders are affected as these results provide an update on the company's financial performance. Net profit per share (basic) was Rs. 8.17 for the quarter.
🔍
Management Signal
The management's approval and disclosure of these unaudited financial results indicate adherence to regulatory compliance and transparent reporting.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q3 FY27 unaudited financial results — observe sustained profit growth
Half-yearly investor call — listen for management's outlook
Credit quality updates — monitor impairment trends on financial instruments
LOW RISK
The filing indicates strong financial performance with increased profit and reduced impairment on financial instruments.
💡 Investor Takeaway
SBI Cards and Payment Services Ltd reported Q2 FY27 net profit of Rs. 777.60 Crores, a 74.83% increase from Rs. 444.77 Crores in Q2 FY26. Total revenue from operations for the quarter was Rs. 5,140.53 Crores.
⚖️ Strengths & Concerns
✅ Positives
- Net profit for Q2 FY27 increased to Rs. 777.60 Crores, marking a 74.83% growth compared to Rs. 444.77 Crores in Q2 FY26.
- Total revenue from operations for Q2 FY27 grew to Rs. 5,140.53 Crores, a 3.62% increase from Rs. 4,960.98 Crores in Q2 FY26.
⚠️ Concerns
- Finance costs for H1 FY27 were Rs. 1,531.80 Crores, a 2.61% decrease from Rs. 1,572.90 Crores in H1 FY26.
- Other income for Q2 FY27 decreased to Rs. 161.14 Crores, down 8.23% from Rs. 175.50 Crores in Q2 FY26.
📅 Company Track Record
In Q1 FY27 (ended June 30, 2026), SBI Cards reported a Net Profit of Rs. 664.46 Crores. The current Q2 FY27 results show a consecutive increase in quarterly net profit, reflecting continued growth.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was SBI Cards' net profit for the quarter ended September 30, 2026?
SBI Cards and Payment Services Ltd reported a net profit of Rs. 777.60 Crores for the quarter ended September 30, 2026.
What was the total revenue from operations for SBI Cards in Q2 FY27?
The total revenue from operations for SBI Cards for the quarter ended September 30, 2026, was Rs. 5,140.53 Crores.
How did SBI Cards' impairment on financial instruments change in Q2 FY27?
Impairment on financial instruments decreased to Rs. 819.37 Crores in Q2 FY27 from Rs. 1,292.72 Crores in the comparable prior year quarter.
What was the basic Earnings Per Share (EPS) for SBI Cards in Q2 FY27?
The basic Earnings Per Share (EPS) for SBI Cards for the quarter ended September 30, 2026, was Rs. 8.17.
Questions based on this BSE filing only. For information purposes.