SBI Cards and Payment Services Ltd Q2FY22 net profit higher at Rs. 344.90 crore

The Board of Directors of SBI Cards and Payment Services Limited, at its meeting held today have approved the unaudited Standalone financial results of the company for the period ended September 30, 2021.

For the quarter ended September 30, 2021(Q2 FY2022), the company's total income was ₹2695.4600 crore, against ₹2510.0500 crore in the corresponding quarter of the previous year (YoY) and ₹2450.9400 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹344.9000 crore, against ₹206.1500 crore in the corresponding quarter of the previous year (YoY) and ₹304.6100 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹3.6300, against ₹2.1700 in the corresponding quarter of the previous year (YoY) and ₹3.2100 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹2695.4600 crs	₹2450.9400 crs	9.98%	₹2510.0500 crs	7.39%
Net Profit	₹344.9000 crs	₹304.6100 crs	13.23%	₹206.1500 crs	67.31 %
EPS	₹3.6300	₹3.2100	13.08%	₹2.1700	67.28%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹5146.4000 crore, against ₹4705.6600 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹649.5000 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹599.4400 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹6.8500 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹6.320 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹5146.4000 crs	₹4705.6600 crs	9.37%
Net Profit	₹649.5000 crs	₹599.4400 crs	8.35%
EPS	₹6.8500	₹6.320	8.39%

Shares of SBI Cards and Payment Services Limited was last trading in BSE at Rs. 1124.55 as compared to the previous close of Rs. 1136.05. The total number of shares traded during the day was 68965 in over 5199 trades.

The stock hit an intraday high of Rs. 1156.35 and intraday low of 1110.05. The net turnover during the day was Rs. 78311795.00.

Source : Equity Bulls

Keywords

SBICardsandPaymentServices Q2FY22 H1FY22 ResultUpdate