SBI Cards & Payment Services standalone net profit rises 231.13% in the March 2022 quarter

29 Apr 2022 , 04:26 PM

Net profit of SBI Cards & Payment Services rose 231.13% to Rs 580.86 crore in the quarter ended March 2022 as against Rs 175.42 crore during the previous quarter ended March 2021. Sales rose 22.91% to Rs 2850.31 crore in the quarter ended March 2022 as against Rs 2319.01 crore during the previous quarter ended March 2021.

For the full year,net profit rose 64.16% to Rs 1616.14 crore in the year ended March 2022 as against Rs 984.52 crore during the previous year ended March 2021. Sales rose 14.85% to Rs 10677.27 crore in the year ended March 2022 as against Rs 9296.46 crore during the previous year ended March 2021.

Particulars	Quarter Ended	Year Ended
?	Mar. 2022	Mar. 2021	% Var.	Mar. 2022	Mar. 2021	% Var.
Sales	2850.31	2319.01	23	10677.27	9296.46	15
OPM %	32.28	15.65	–	25.51	22.30	–
PBDT	818.40	268.51	205	2320.72	1446.99	60
PBT	779.22	234.40	232	2172.16	1323.73	64
NP	580.86	175.42	231	1616.14	984.52	64

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