SBI Cards and Payment Services Q4 FY26 Results: Net Profit Rises 14% to ₹609 Crore as NPAs Improve

SBI Card reported a net profit of ₹609 crore for the quarter ended March 2026, up 14% from ₹534 crore in the same quarter last year.

SBI Card Income Performance

The company’s total income increased to ₹5,187 crore compared to ₹4,832 crore a year ago. However, interest income slightly declined to ₹2,382 crore from ₹2,415 crore in the previous year’s quarter.

Asset Quality Improves

The company saw improvement in asset quality during the quarter:

• Gross NPAs fell to 2.41%, down from 3.08% last year.
• Net NPAs dropped to 1.04% from 1.46%.
• Due to better asset quality, impairment losses and bad debts reduced to ₹1,097 crore, compared to ₹1,245 crore last year.

SBI Card Full-Year FY26 Performance

For the full financial year 2025–26:

• Net profit rose 13% to ₹2,167 crore from ₹1,916 crore.
• Total income increased to ₹20,708 crore, up from ₹18,637 crore.

Balance Sheet Growth

The company’s balance sheet expanded to ₹66,328 crore as of March 31, 2026, compared to ₹65,546 crore a year earlier.

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SBI Card Share Price Movement

SBI Cards and Payment Services share price (NSE: SBICARD) closed at ₹670.00 on April 27, slipping marginally by 0.045% (₹0.30). The stock opened at ₹672.50 and touched an intraday high of ₹681.30 and a low of ₹664.00. Over the past year, the stock has recorded a 52-week high of ₹1,027.25 and a 52-week low of ₹615.50. SBI Card offers a dividend yield of 0.37%, with a quarterly dividend amount of ₹0.62 per share.

Conclusion

SBI Card delivered steady growth in Q4 and FY26, supported by improved asset quality and lower bad debts. Despite a small dip in interest income, overall performance remained strong, reflecting stable business momentum.

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