Last Updated : May 08, 2020 03:40 PM IST | Source:

SBI Card Q4 profit dips 66% YoY to Rs 83.5 crore

Revenue of the company was up 21% at Rs 2,510 crore from Rs 2,076 crore in the same period last year

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SBI Cards and Payment Services has reported 66.5 percent fall in its Q4 net profit to Rs 83.5 crore from Rs 249 crore in the year-ago period, reported CNBC-TV18.

The company's revenue for the quarter though was up 21 percent at Rs 2,510 crore from Rs 2,076 crore.

The gross non-performing assets (GNPA) was at 2.01 per cent versus 2.44 percent and the provision coverage ratio stood at 67.20 percent versus 66.48 percent, YoY.

At 15:29 hrs SBI Cards & Payment Services was quoting at Rs 553.05, down Rs 20.75, or 3.62 percent on the BSE.
First Published on May 8, 2020 03:38 pm