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SBI Cards Q2 profit jumps 75% YoY to Rs 778 crore as bad loan costs fall sharply

SBI Cards reported a 75% year-on-year profit increase to Rs 778 crore in Q2 FY27, driven by lower credit costs and improved asset quality. However, corporate card spending declined, receivables contracted, and net interest margins narrowed.

Published Oct 23, 2026 · 7:15 PMOriginal source: Economic Times5 reads
SBI Cards reported a 75% year-on-year profit increase to Rs 778 crore in Q2 FY27, driven by lower credit costs and improved asset quality. However, corporate card spending declined, receivables contracted, and net interest margins narrowed.
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Economic Times

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