SBI Cards and Payment Services Ltd
Unaudited Financial Results of the Company for the quarter ended June 30, 2026 along with the disclosures in accordance with Regulation 52(4) of the SEBI (Listing Obligations and Disclosure ....
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 24 Jul 2026, 04:23 PM IST · BSE ID: d204074a-4ebd-4099-bfa4-5d9bd023b1f1
View Original BSE Filing (PDF)
💡
In Simple Terms
SBI Cards reported quarterly financial results, showing a net profit of Rs. 664.46 Crores and 2.04% Gross NPA.
🤖 AI Summary
- SBI Cards reported a net profit of Rs. 664.46 Crores for the quarter ended June 30, 2026.
- Total revenue from operations reached Rs. 5,040.55 Crores for the quarter.
- Gross Non-Performing Assets (NPA) stood at 2.04% as of June 30, 2026.
- Net Non-Performing Assets (NPA) were recorded at 0.83% as of June 30, 2026.
- Basic Earnings Per Share (EPS) for the quarter ended June 30, 2026, was Rs. 6.98.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Total revenue from operations
Rs. 5,040.55 Crores
3.36%
Net Profit for the period
Rs. 664.46 Crores
19.52%
Basic Earnings Per Share
Rs. 6.98
19.52%
Gross NPA (as of June 30, 2026)
2.04%
Net NPA (as of June 30, 2026)
0.83%
🏢 How This Affects the Company
The company's revenue from operations increased to Rs. 5,040.55 Crores, indicating growth in its core credit card business.
Net profit for the quarter was Rs. 664.46 Crores. Gross NPA decreased to 2.04% from 2.41% as of March 31, 2026, and Net NPA decreased to 0.83% from 1.04% for the same period.
The company allotted 14,257 equity shares pursuant to employee stock option schemes, increasing paid-up equity capital to Rs. 951.61 Crores.
The reduction in both Gross and Net NPA percentages suggests improved asset quality, decreasing credit risk compared to the previous quarter.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this financial results filing.
👤
Who Is Affected
Existing shareholders are affected by the company's financial performance, with Basic EPS at Rs. 6.98 for the quarter ended June 30, 2026.
🔍
Management Signal
The management's approval of the unaudited financial results and continued employee stock option allotments indicate a focus on business growth and employee retention.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY27 financial results — check for sustained revenue and profit growth.
Updates on asset quality — monitor further reduction in NPA percentages.
Regulatory compliance reports — verify continued adherence to NBFC-ULL norms.
LOW RISK
Unaudited results show improved asset quality and stable growth, with no new significant risks identified.
💡 Investor Takeaway
SBI Cards reported Q1 FY2027 net profit of Rs. 664.46 Crores, an increase from Rs. 555.96 Crores in Q1 FY2026. Gross NPA stood at 2.04% as of June 30, 2026, down from 2.41% on March 31, 2026, indicating improved asset quality.
⚖️ Strengths & Concerns
✅ Positives
- Net profit increased to Rs. 664.46 Crores in Q1 FY27 from Rs. 555.96 Crores in Q1 FY26, demonstrating growth.
- Gross NPA reduced to 2.04% as of June 30, 2026, from 2.41% as of March 31, 2026, indicating improved asset quality.
⚠️ Concerns
- Finance costs increased to Rs. 744.53 Crores in Q1 FY27 from Rs. 713.62 Crores in Q4 FY26.
- Impairment on financial instruments remained substantial at Rs. 894.68 Crores for the quarter.
❓ Frequently Asked Questions
What was SBI Cards' Net Profit for the quarter ended June 30, 2026?
SBI Cards reported a Net Profit of Rs. 664.46 Crores for the quarter ended June 30, 2026.
What was SBI Cards' Total Revenue from operations for Q1 FY2027?
Total revenue from operations for SBI Cards was Rs. 5,040.55 Crores for the quarter ended June 30, 2026.
What was the Gross NPA of SBI Cards as of June 30, 2026?
The Gross Non-Performing Assets (NPA) of SBI Cards stood at 2.04% as of June 30, 2026.
How did SBI Cards' Net NPA compare to the previous quarter?
SBI Cards' Net NPA decreased to 0.83% as of June 30, 2026, from 1.04% as of March 31, 2026.
What was the Basic Earnings Per Share for SBI Cards in Q1 FY2027?
The Basic Earnings Per Share for SBI Cards was Rs. 6.98 for the quarter ended June 30, 2026.
Questions based on this BSE filing only. For information purposes.