SBI Cards and Payment Services has reported results for fourth quarter and year ended March 31, 2022.
The company has reported 3-fold jump in its net profit at Rs 580.86 crore for the quarter under review as compared to Rs 175.42 crore for the same quarter in the previous year. Total income of the company increased by 22.20% at Rs 3016.10 crore for Q4FY22 as compared Rs 2468.14 crore for the corresponding quarter previous year.
For the year ended March 31, 2022, the company has reported 64.16% rise in its net profit at Rs 1616.14 crore as compared to Rs 984.52 crore for the previous year. Total income of the company increased by 16.35% to Rs 11301.52 crore for year under review as compared to Rs 9713.58 crore for year ended March 31, 2021.
