SBI Card FY25 profit declines despite revenue rise, portfolio grows

SBI Cards and Payment Services Limited (SBICARD) announced its audited financial results for the quarter and year ended March 31, 2025, revealing a mixed performance. While total revenue increased by 7% YoY to INR 18,637 Cr and by 8% YoY to INR 4,832 Cr in Q4, profit after tax decreased by 20% to INR 1,916 Cr for the year and by 19% to INR 534 Cr in Q4. This decline occurred despite a 10% YoY rise in receivables, which reached INR 55,840 Cr in Q4. The company declared an interim dividend of INR 2.50 per equity share.