SBICARD Q2 : STANDALONE NET PROFIT UP 74.8% AT ₹777.60 CR (YOY), UP 17.0% (QOQ). STRONG (ON 1ST LOOK)

Revenue from operations up 3.6% at ₹5,140.53 Cr (YoY), up 2.0% (QoQ); total income up 3.2% at ₹5,301.67 Cr (YoY). Impairment on financial instruments down 36.6% at ₹819.37 Cr (YoY) v ₹1,292.72 Cr; fees and commission income up 7.4% at ₹2,434.02 Cr (YoY). Pretax profit up 74.4% at ₹1,045.72 Cr (YoY); net profit margin 14.67% for the quarter. GNPA 1.90% and NNPA 0.77% as at Sept 30, 2026 v 2.41% and 1.04% as at March 31, 2026. Caution: quarter includes additional impairment provision of ₹30 Cr over ECL model; cumulative add-on provision at ₹100 Cr as at Sept 30, 2026.

SBI Cards and Payment Services Ltd

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