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SBI Card reports 30% fall in Q3 net profit

29 Jan 2025 Evaluate

SBI Cards and Payment Services has reported results for third quarter ended December 31, 2024 (Q3FY25)

The company has reported 30.21% fall in net profit at Rs 383.23 crore for Q3FY25 as compared to Rs 549.08 crore for the same quarter in the previous year. However, total income of the company increased by 0.53% at Rs 4766.56 crore for Q3FY25 as compared to Rs 4741.60 crore for the corresponding quarter previous year.

SBI Cards and Payment Services is engaged in the business of issuing credit cards to consumers in India.

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