SBI Cards and Payment Services reports 5% fall in Q1 net profit

SBI Cards And Payment Services Ltd. | Finance - NBFC | BFSI | BSE: 543066 | NSE: SBICARD

31 Jul 2023 Evaluate

SBI Cards and Payment Services has reported results for first quarter ended June 30, 2023 (Q1FY24).

The company has reported 5.36% fall in its net profit at Rs 593.31 crore for the quarter under review as compared to Rs 626.91 crore for the same quarter in the previous year. However, total income of the company increased by 24.01% at Rs 4,046.11 crore for Q1FY24 as compared Rs 3,262.85 crore for the corresponding quarter previous year.

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

Peers

Company Name	CMP
Bajaj Finance	973.50
Shriram Finance	973.00
Aditya Birla Capital	378.75
Tata Capital	331.05
Chola Invest & Fin.	1631.50
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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