SBI Card Reports 14% Increase in Q4 Profit to Rs 609 Crore
SBI Card Sees 14% Rise in Profit for Q4 FY26
SBI Cards and Payment Services Ltd (SBI Card), a company promoted by the State Bank of India, has reported a significant increase in its profit for the fourth quarter ended March 2026. The company's profit rose by 14% to Rs 609 crore compared to Rs 534 crore earned in the same quarter last year.
The rise in profit was accompanied by an improvement in total income, which increased to Rs 5,187 crore from Rs 4,832 crore in the year-ago period. However, interest income declined to Rs 2,382 crore in Q4 FY26 from Rs 2,415 crore in the same quarter a year ago.
The company's performance was also marked by a moderation in gross non-performing assets, which declined to 2.41% of gross advances as of March 31, 2026, from 3.08% in the same period last year. As a result, impairment losses and bad debts eased to Rs 1,097 crore from Rs 1,245 crore in the previous year.
| Metric | Q4 FY26 | Q4 FY25 | Change |
|---|---|---|---|
| Profit | Rs 609 crore | Rs 534 crore | 14% |
| Total Income | Rs 5,187 crore | Rs 4,832 crore | 7.4% |
| Interest Income | Rs 2,382 crore | Rs 2,415 crore | -1.4% |
| Gross Non-Performing Assets | 2.41% | 3.08% | -21.7% |
For the full fiscal 2025-26, SBI Card's profit increased by 13% to Rs 2,167 crore from Rs 1,916 crore in the previous year. The company's total income also increased to Rs 20,708 crore from Rs 18,637 crore. The size of the company's balance sheet as of March 31, 2026, was Rs 66,328 crore against Rs 65,546 crore in the previous year.
Investor Takeaway
SBI Card's Q4 profit increased by 14% to Rs 609 crore, driven by a 13% rise in total income to Rs 20,708 crore.
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