SBICARD SBI Cards Q2 FY26 results (Jul–Sep 2025) and concall
SBI Cards reported a robust Q2 FY26 with record total spend growth of 31% YoY and a 13% increase in revenue, driven by strong festive demand and strategic co-brand partnerships. Asset quality showed improvement with Gross NPA declining to 2.85% and credit costs reducing. However, profitability metrics like PAT growth (10% YoY) and ROAA/ROAE saw some moderation, and the cost-to-income ratio remained elevated at 56.8% due to increased operational expenses. The company remains optimistic about future growth and asset quality trends, guiding for stable NIMs and improving credit costs.
You’re reading a preview. Opening the full call uses 1 concall credit.
Sign in to use your monthly call allowance.
What they filed
| Line item | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|
| Revenue | 4,619 | 4,674 | 4,877 | 4,961 |
| Net profit | 383 | 534 | 556 | 445 |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
