SSPL Securities Private Limited

Wednesday 30 Jul, 2025 04:44 AM

NSE Q1 PAT rises 14% YoY Amber Enterprises jumps after Q1 PAT climbs 42% YoY to Rs 106 cr Go Digit General Insurance climbs after strong Q1 numbers Bharat Seats rises as Q1 PAT jumps 39% YoY to Rs 9 cr Asian Paints gains after Q1 PAT rises 59% QoQ to Rs 1,100 cr Apar Inds spurts as Q1 PAT rises 30% YoY KEC Intl Q1 PAT climbs 42% YoY to Rs 125 cr SBI Card slips after Q1 profit decline Craftsman Automation rises as Q1 PAT jumps 31% YoY to Rs 70 cr Zen Technologies Ltd leads losers in 'A' group Aeroflex Industries Ltd leads losers in 'B' group Volumes spurt at Go Digit General Insurance Ltd counter Varun Beverages edges higher after decent Q2 performance IIFL Capital Services rallies after Q1 PAT jumps 37% QoQ D B Corp Ltd drops for fifth straight session

Saravan Stocks

Hot Pursuit

Scrips, which has significant changes during the market hours.

SBI Card slips after Q1 profit decline

29-Jul-25 15:03 Hrs IST

Despite the drop in profitability, the company's total income rose 12% to Rs 5,035 crore, compared to Rs 4,483 crore in the same period last year. This was driven by a steady rise in core revenue streams: interest income climbed 11% to Rs 2,493 crore, while fees and commission income rose 13% to Rs 2,384 crore.

However, the bottom line came under pressure as finance costs increased 6% to Rs 813 crore, primarily due to higher receivables. Operating costs jumped 17% to Rs 2,123 crore, and impairment losses and bad debt provisions surged 23% to Rs 1,352 crore, up from Rs 1,101 crore a year earlier.

Operationally, the company continued to expand its base. In Q1 FY26, cards-in-force rose 10% YoY to 2.12 crore, and total card spends increased 21% YoY to Rs 93,244 crore. While new account additions dipped slightly to 8.73 lakh in Q1 FY26 from 9.04 lakh in Q1 FY25, the company saw growth in receivables, which rose 7% YoY to Rs 56,607 crore.

SBI Cards maintained its strong position in the market, with a 19.1% share in cards-in-force (up from 18.5% in Q1 FY25) and a 16.6% share in spends (up from 15.9% in Q1 FY25), ranking #2 by card base and #3 by spends in the industry.

Asset quality showed marginal deterioration. Gross non-performing assets were at 3.07% of gross advances as of June 2025, as against 3.06% as of June 2024. Net non-performing assets were at 1.42% as of June 2025, as against 1.11% as of June 2024.

As of June 2025, total gross advances (credit card receivables) stood at Rs 56,607 crore, slightly higher than Rs 55,840 crore at the end of March 2025.

As of June 2025, the company's CRAR was 23.2% compared to 20.6% as of June 2024. The company's Tier I capital was 17.9% as of June 2025, compared to 16.8% as of June 2024.

SBI Card is a non-banking financial company that offers a wide range of credit cards for individuals and businesses. Its portfolio includes lifestyle, rewards, travel, fuel, and co-branded cards, as well as corporate cards, catering to different income groups and spending needs.

Powered by Capital Market - Live News

Attention Investors :

Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day........issued in the interest of investors.

Attention Investors :

Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers / Depository Participant. Receive information of your transactions directly from Exchange / Depositories on your mobile / email at the end of the day .... Issued in the interest of Investors.

Attention Investors :

KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.

Attention Investors :

No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

Email ID: info@ssplwealth.com Customers grievances : grievances@ssplwealth.com Compliance officer : Mr.R Udayakumar , compliance@ssplwealth.com, Mobile No: 7305522205

Hit Count : 43057137

Designed , Developed & Content provided by CMOTS INFOTECH.(ISO 9001:2015 certified)