Finance company SBI Cards and Payment Services announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Total income increased by 8% to Rs 4,832 crore in Q4FY25 vs Rs 4,475 crore in Q4FY24. This movement was a result of the following key factors: Interest income increased by 13% to Rs 2,415 crore in Q4FY25 vs Rs 2,139 crore in Q4FY24. Fees and commission income increased by 2% to Rs 2,259 crore in Q4FY25 vs Rs 2,209 crore in Q4FY24. Finance costs increased by 10% to Rs 795 crore in Q4FY25 vs Rs 724 crore in Q4FY24. Total Operating cost increased by 8% to Rs 2,073 crore in Q4FY25 from Rs 1,918 crore in Q4FY24. Earnings before credit costs increased by 7% to Rs 1,964 crore in Q4FY25 vs Rs 1,833 crore in Q4FY24. mpairment losses & bad debts expenses increased by 32% at Rs 1,245 crore in Q4FY25 vs Rs 944 crore in Q4FY24. Profit after tax decreased by 19% at Rs 534 crore in Q4FY25 vs Rs 662 crore in Q4FY24. FY25 Financial Highlights: Total income increased by 7% to Rs 18,637 crore in FY25 vs Rs 17,484 crore in FY24. Finance costs increased by 22% to Rs 3,178 crore in FY25 vs Rs 2,595 crore in FY24. Total Operating cost decreased by 4% to Rs 8,007 crore in FY25 vs Rs 8,369 crore in FY24. Earnings before credit cost increased by 14% to Rs 7,452 crore in FY25 vs Rs 6,519 crore in FY24. Impairment losses & bad debts expenses increased by 48% to Rs 4,872 crore in FY25 vs Rs 3,287 crore in FY24. Profit after tax decreased by 20% at Rs 1,916 crore in FY25 vs Rs 2,408 crore in FY24. Balance Sheet as of March 31, 2025: Total Balance Sheet size as of March 31, 2025 has been Rs 65,546 crore as against Rs 58,171 crore as of March 31, 2024. Total Gross Advances (croreedit card receivables) as of March 31, 2025 were Rs 55,840 crore, as against Rs 50,846 crore as of March 31, 2024. Net worth as of March 31, 2025 has been Rs 13,853 crore as against Rs 12,156 crore as of March 31, 2024. Asset Quality: The Gross non-performing assets were at 3.08% of gross advances as of March 31, 2025 as against 2.76% as of March 31, 2024. Net non-performing assets were at 1.46% as of March 31, 2025 as against 0.99% as of March 31, 2024. Capital Adequacy: As per the capital adequacy norms issued by the RBI, Company’s capital to risk ratio consisting of tier I and tier II capital should not be less than 15% of its aggregate risk weighted assets on - balance sheet and of risk adjusted value of off-balance sheet items. As of March 31, 2025, Company’s CRAR was 22.9% compared to 20.5% as of March 31, 2024. The tier I capital in respect of an NBFC-ND-SI, at any point of time, can’t be less than 10%. Company’s Tier I capital was 17.5% as of March 31, 2025 compared to 16.5% as of March 31, 2024. Result PDF
Conference Call with SBI Cards and Payment Services Management and Analysts on Q4FY25 & Full Year Performance and Outlook. Listen to the full earnings transcript.