SBI Card Interim Dividend of ₹2.50 Record Date Tomorrow, February 25, 2025

SBI Cards and Payment Services Limited’s Board of Directors has declared and approved an interim dividend of ₹2.50 per equity share with a face value of ₹10.

On February 21, 2025, SBI Cards and Payment Services share price (NSE: SBICARD) opened at ₹846.10 and closed at ₹836.15, down by 1.61%. The stock price touched its day’s low at ₹824.80.

SBI Cards and Payment Services Dividend Record Date

The company has declared an interim dividend of ₹2.50 (25%) per equity share with a face value of ₹10 for the financial year 2024-25. The record date for determining shareholder eligibility for the dividend is Tuesday, February 25, 2025. The company stated that the interim dividend will be credited or dispatched on or before March 18, 2025.

Q3 FY 2025 Financial Highlights

In Q3 FY25, the company’s total revenue increased by 1% year-on-year (YoY) to ₹4,767 crore, compared to ₹4,742 crore in Q3 FY24. However, profit after tax (PAT) declined by 30% YoY, reaching ₹383 crore from ₹549 crore in the same period last year. The volume of new accounts opened rose by 7% to 1.175 million in Q3 FY25, up from 1.096 million in Q3 FY24. Additionally, the number of cards-in-force grew by 10% to 2.02 crore as of Q3 FY25, compared to 1.85 crore in Q3 FY24.

About SBI Cards and Payment Services Limited

SBI Cards and Payment Services Limited is a non-deposit accepting systemically important non-banking financial company registered with the RBI. The company is involved in issuing credit cards to consumers in India. It is a subsidiary of India’s largest commercial bank, the State Bank of India.

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