SBI Cards Reports Q3 FY24-25 Decline in Profit Amidst Strong Long-Term Fundamentals

Feb 01 2025 06:41 PM IST
share
Share Via
SBI Cards & Payment Services has recently experienced an evaluation adjustment, reflecting its current financial situation. In Q3 FY24-25, the company reported a decline in key metrics, including profit after tax and operating profit. Despite these challenges, SBI Cards shows strong long-term fundamentals and healthy growth trends.
SBI Cards & Payment Services has recently undergone an adjustment in evaluation, reflecting the company's current financial landscape. The latest assessment highlights a mix of underlying trends that are shaping its market position.

In the most recent quarter, Q3 FY24-25, SBI Cards reported a decline in key financial metrics, with a notable drop in profit after tax (PAT) to Rs 383.23 crore, marking a decrease of 30.6%. Additionally, the operating profit before depreciation, interest, and taxes (PBDIT) reached its lowest point at Rs 1,247.16 crore, and the operating profit to net sales ratio stood at 27.00%.

Despite these challenges, SBI Cards maintains a strong long-term fundamental strength, evidenced by an average return on equity (ROE) of 19.77%. The company has also demonstrated healthy long-term growth, with operating profit increasing at an annual rate of 12.56%. Furthermore, institutional holdings are robust at 25.99%, indicating a solid backing from investors with significant analytical resources.

Overall, the recent evaluation adjustment reflects a complex interplay of performance indicators and market dynamics for SBI Cards & Payment Services.

Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News