Net profit of SBI Cards & Payment Services rose 11.05% to Rs 662.37 crore in the quarter ended March 2024 as against Rs 596.47 crore during the previous quarter ended March 2023. Sales rose 15.56% to Rs 4347.72 crore in the quarter ended March 2024 as against Rs 3762.16 crore during the previous quarter ended March 2023.For the full year,net profit rose 6.62% to Rs 2407.88 crore in the year ended March 2024 as against Rs 2258.47 crore during the previous year ended March 2023. Sales rose 24.16% to Rs 16968.42 crore in the year ended March 2024 as against Rs 13666.64 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales4347.723762.16 16 16968.4213666.64 24 OPM %35.3531.83 -32.4630.90 - PBDT939.79844.73 11 3428.553194.38 7 PBT888.16799.67 11 3231.803030.57 7 NP662.37596.47 11 2407.882258.47 7 Powered by Capital Market - Live News

SBI Cards & Payment Services has allotted 2,600 equity shares under ESOP on 22 April 2024. Post allotment of shares, the paid up equity share capital has increased to Rs 9,50,97,11,190/- consisting of 95,09,71,119 equity shares of Rs. 10 /- each.Powered by Capital Market - Live News

SBI Cards & Payment Services will hold a meeting of the Board of Directors of the Company on 26 April 2024.Powered by Capital Market - Live News

SBI Cards & Payment Services announced that the Board of Directors of the Company at its meeting held on 19 March 2024, inter alia, have recommended the interim dividend of Rs 2.5 per equity Share (i.e. 25%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

SBI Cards & Payment Services has allotted 67,800 equity shares under ESOP on 18 March 2024. Post allotment, the paid-up capital of the Company has increased from Rs. 9,50,90,07,190/- consisting of 95,09,00,719 equity shares of Rs. 10/- each to Rs. 9,50,96,85,190/- consisting of 95,09,68,519 equity shares of Rs. 10/- each. Powered by Capital Market - Live News