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SBI Cards' total income increased to Rs 4,832 crore, which was Rs 4,475 crore in the same quarter a year ago. After this financial result, the share price of SBI Cards will be affected on Friday. The company's share price has been in focus for the last few days.

Corporate earnings season is going on in the stock market. SBI Cards on Thursday announced its financial results for the fourth quarter of FY 2024-25, in which interest income was reported to have increased.

SBI Card on Thursday said that its profit fell 19 percent to Rs 534 crore in the March quarter. This is due to the increase in defaults. SBI Cards and Payment Services Limited (SBI Card), a net credit card company by SBI, earned a profit of Rs 662 crore in the fourth quarter of the last financial year.

However, the total income of SBI Cards increased to Rs 4,832 crore from Rs 4,475 crore in the same quarter a year ago. After this financial result, the share price of SBI Cards will be affected on Friday. The company's share price has been in focus for the last few days.

Interest income also increased to Rs 2,415 crore in the fourth quarter of FY 2025, as against Rs 2,139 crore in the same quarter a year ago.

Gross non-performing assets stood at 3.08 percent of net advances during the quarter, while it was 2.76 percent as of March 31, 2024.

Similarly, the net non-performing asset class increased to 1.46 percent as compared to 0.99 percent at the end of the fourth quarter of the previous financial year. As a result, losses and bad loans increased to Rs 1,245 crore from Rs 944 crore a year ago.

Profit for the full financial year 2024-25 also declined by 20 percent to Rs 1,916 crore from Rs 2,408 crore in the previous financial year.

Total income increased to Rs 18,637 crore in FY25 from Rs 17,484 crore in the previous financial year. As of March 31, 2025, the company's balance sheet size was Rs 65,546 crore as against Rs 58,171 crore a year ago.

Shares of SBI Cards and Payment Services Ltd closed at Rs 924.90 on Thursday with a gain of one per cent. The market cap of the company is Rs 88.19 thousand crore. The stock has gained 9% in the last one month. The share price of SBI Cards has increased by 30% in the last six months.