SBI Playing cards and Cost Companies introduced its September quarter efficiency at the moment, post-market hours, reporting a ten% YoY bounce in its web revenue at ₹445 crore, in comparison with a web revenue of ₹404 crore, however exhibiting a pointy 20% QoQ drop.
It reported a 13% YoY enhance in whole earnings to ₹5,136 crore in comparison with ₹4,556 crore in Q2 FY25. The corporate’s curiosity earnings rose by 9% YoY to ₹2,493 crore in Q2 FY26, up from ₹2,290 crore in the identical interval final yr however remained flat on a sequential foundation.
The charges and fee earnings noticed a 16% enhance to ₹2,471 crore, in comparison with ₹2,131 crore in the identical interval final yr.
Key profitability metrics confirmed a decline, with Return on Common Property (ROAA) at 2.6% for Q2FY26 versus 3% in Q2FY25 and Return on Common Fairness (ROAE) at 12.1% in comparison with 12.47% within the prior-year quarter, based on the corporate’s Q2 earnings submitting.
Asset high quality improves
On the asset high quality entrance, the Gross Non-Performing Property (GNPA) have been at 2.85% of gross advances as of September 30, 2025, as towards 3.27% as of September 30, 2024. Internet Non-Performing Property (NNPA) have been at 1.29% as of September 30, 2025, as towards 1.19% as of September 30, 2024.
In the meantime, the corporate’s credit score value declined to 9.0% versus 9.6% within the previous June quarter. It cited continued deal with collections, portfolio motion, and high quality underwriting.
Continued progress in spends
Taking a look at different key metrics, its cards-in-force grew by 10% YoY, reaching 2.15 crore as of Q2FY26 in comparison with 1.96 crore in Q2 Y25. New account volumes additionally rose mildly, with 9.36 lakh new accounts opened through the quarter versus 9.04 lakh in the identical interval final yr.
Spends elevated sharply by 31% YoY and 15% QoQ to ₹1,07,063 crore from ₹81,893 crore within the September 2024 quarter, and receivables noticed an 8% YoY progress to ₹59,845 crore in Q2, up from ₹55,601 crore within the corresponding quarter of final yr.
SBI Playing cards and Cost Companies is a non-banking monetary firm that provides an in depth bank card portfolio to particular person cardholders and company shoppers, which incorporates life-style, rewards, journey & gas, and banking partnership playing cards, together with company playing cards protecting all main cardholder segments by way of earnings profile and life-style.
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