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SBI Cards and Payment reports 52% fall in Q3 net profit

22 Jan 2021 Evaluate

SBI Cards and Payment Services has reported results for third quarter ended December 31, 2020.

The company has reported 51.77% fall in its net profit at Rs 209.66 crore for the quarter under review as compared to Rs 434.67 crore for the same quarter in the previous year. Total income of the company decreased by 0.91% at Rs 2,539.77 crore for Q3FY21 as compared Rs 2,563.21 crore for the corresponding quarter previous year.

SBI Cards and Payment Services is a payment solutions provider in India.

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