SBI Cards and Payment Services has reported results for second quarter ended September 30, 2022.
The company has reported a rise of 52.40% in its net profit at Rs 525.64 crore for the quarter under review as compared to Rs 344.90 crore for the same quarter in the previous year. Total income of the company increased by 28.11% at Rs 3453.32 crore for Q2FY23 as compared Rs 2695.56 crore for the corresponding quarter previous year.
SBI Cards and Payment Services is a payment solutions provider in India.