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SBI Cards and Payment Services reports 32% rise in Q3 net profit

24 Jan 2023 Evaluate

SBI Cards and Payment Services has reported results for third quarter ended December 31, 2022.

The company has reported rise of 32.06% in its net profit at Rs 509.46 crore for Q3FY23 as compared to Rs 385.77 crore for the corresponding quarter previous year. Total income of the company increased by 16.45% to Rs 3,656.15 crore for the quarter under review as compared to Rs 3,139.66 crore for the same quarter in the previous year. 

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

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