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SBI Card Q3 results: Net profit rises 8% at ₹549 crore
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₹549 crore in the third quarter of FY24, from ₹509 crore in the sane period a year ago. Its revenue surged 30 per cent year-on-year at ₹4,742 crore in Q3 of FY24 from ₹3,656 crore in Q3 of last fiscal year.
SBI Card said its gross non-performing assets (GNPAs) stood at 2.64 per cent of gross advances as of December 31, 2023, up from 2.35 per cent as of March 31, 2023. Net NPAs stood at 0.96 per cent as of December 31, 2023, as against 0.87 per cent as of March 31, 2023.
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