SBI Cards & Payment Services declared their Q3 FY24 results on 25 Jan, 2024. The topline increased by 31.78% & the profit increased by 7.78% YoY. As compared to the previous quarter, the revenue grew by 13.07% and the profit decreased by 8.94%.
The Selling, general & administrative expenses declined by 2.35% q-o-q & increased by 1.57% Y-o-Y.
The operating income was up by 2.57% q-o-q & increased by 31.37% Y-o-Y.
The EPS is ₹5.78 for Q3 FY24 which increased by 7.84% Y-o-Y.
SBI Cards & Payment Services has delivered 1.28% return in the last 1 week, -11.42% return in the last 6 months, and 0.03% YTD return.
Currently, SBI Cards & Payment Services has a market cap of ₹72244.89 Cr and a 52-week high/low of ₹933 & ₹695.55 respectively.
As of 27 Jan, 2024, out of 25 analysts covering the company, 2 analysts have given a Strong Sell rating, 6 analysts have given a Sell rating, 6 analysts have given a Hold rating, 4 analysts have given a Buy rating, and 7 analysts have given a Strong Buy rating.
The consensus recommendation as of 27 Jan, 2024, was to Hold.
SBI Cards & Payment Services Financials
Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
---|---|---|---|---|---|
Total Revenue | 4621.7 | 4087.35 | +13.07% | 3507.12 | +31.78% |
Selling/ General/ Admin Expenses Total | 144.37 | 147.84 | -2.35% | 142.14 | +1.57% |
Depreciation/ Amortization | 50.78 | 46.8 | +8.5% | 41.03 | +23.76% |
Total Operating Expense | 3308.52 | 2807.13 | +17.86% | 2507.54 | +31.94% |
Operating Income | 1313.18 | 1280.22 | +2.57% | 999.58 | +31.37% |
Net Income Before Taxes | 737.59 | 809.41 | -8.87% | 684.33 | +7.78% |
Net Income | 549.08 | 602.99 | -8.94% | 509.46 | +7.78% |
Diluted Normalized EPS | 5.78 | 6.35 | -8.98% | 5.36 | +7.84% |
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