SBI Card Q2 Results: Profit Rises 10% to Rs 445 Crore in FY26
SBI Card has announced its Q2 results for FY26, delivering a strong 10% rise in net profit to Rs 445 crore—a positive signal for both investors and card users. This performance is powered by robust growth in the credit card segment, with the focus keyword SBI Card Q2 Results being central to the company’s financial update.
SBI Card Q2 Results
The company recorded a total revenue of Rs 5,136 crore during the quarter, up 13% year-on-year, as per the SBI Card Q2 Results. This growth was driven by a 9% rise in interest income to Rs 2,490 crore and a significant 16% jump in fee and commission income to Rs 2,471 crore. The company’s focus on expanding its customer base and providing innovative card products has played a pivotal role in achieving these results. SBI Card Q2 Results thus reflect both strategic execution and strong consumer demand.
On the cost front, SBI Card Q2 Results reveal that operating expenses climbed 24% to Rs 2,484 crore, mainly due to scaling operations and investments in technology. However, the company managed to reduce its finance costs by 4% to Rs 760 crore, which partially offset the increased overhead. Despite escalating operational costs, profit margins were maintained by focusing on efficiency and improved asset quality.
Credit quality also improved in the latest SBI Card Q2 Results, with gross non-performing assets dropping to 2.85% from 3.27% a year ago. This reinforces SBI Card’s commitment to prudent risk management even as the business continues to grow. The company’s balance sheet strength was underlined, with assets touching Rs 69,862 crore, up from Rs 65,546 crore at the end of March 2025.
The SBI Card Q2 Results highlight a customer-centric approach, with new features and attractive reward programs continuing to draw users. SBI Card shares reflected this performance, closing higher in the market after the results were announced.
SBI Card Q2 Results, SBI Card profit, SBI Card earnings
Hashtags: #SBICard #Q2Results #ProfitGrowth #FinancialResults #StockMarket
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Disclaimer: This article is for educational purposes only and does not constitute investment advice. Stock markets are subject to risks. Please consult your financial advisor before making investment decisions.
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