SBI Cards Q3FY26 Profit Up 17% to ₹556.64 Crore
SBI Cards reported a Q3 FY26 profit after tax of ₹556.64 crore, up 17% year-on-year. Total revenue from operations for the quarter was ₹5,127.26 crore. Gross NPA improved to 2.86% and Net NPA to 1.28%. The company allotted equity shares under its ESOP scheme.
The financial results show growth and improved asset quality, which are important indicators for investors and stakeholders, but no major strategic changes or market-altering events were announced.
The company reported a significant increase in profit after tax and improvement in asset quality metrics, indicating positive financial performance.
SBI Cards and Payment Services Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025. The company's profit after tax for the quarter rose to ₹556.64 crore, a significant increase from ₹444.77 crore in the same period last year. For the nine months ended December 31, 2025, the profit after tax stood at ₹1,557.40 crore, compared to ₹1,382.10 crore in the prior year.
Total revenue from operations for the quarter was ₹5,127.26 crore, up from ₹4,960.98 crore in the corresponding quarter of the previous year. Total income for the quarter reached ₹5,353.42 crore. Expenses for the quarter were ₹4,604.31 crore.
The company's Gross NPA (stage 3 balance) and Net NPA (stage 3 balance) as of December 31, 2025, were 2.86% and 1.28% respectively, showing an improvement from 3.08% and 1.46% as of March 31, 2025. The company holds a provision for total expected credit loss of ₹1,989.09 crore.
During the quarter, the company allotted 29,896 equity shares and for the nine months, 220,446 equity shares under its employee stock option scheme. This led to an increase in the paid-up equity share capital to ₹951.58 crore.
The Board of Directors meeting commenced at 4:30 PM and concluded at 06:35 PM on January 28, 2026.
What to do with a filing like this
SBI Cards and Payment Services Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by SBI Cards and Payment Services Limited. Read the original for the full detail.