SBI Card Q2 FY27: PAT up 75% YoY to ₹778 Cr as credit cost falls to 5.6%, GNPA below 2%
Q2 FY27 PAT up 75% YoY to ₹778 Cr, revenue from operations up 4% to ₹5,141 Cr; GNPA 1.90%, ROAE 18.4%.
By ScoutQuest · · 1 min read
- Q2 FY27 PAT
- ₹778 Cr, up 75% YoY and 17% QoQ
- Revenue from operations
- rose 4% YoY to ₹5,141 Cr
- GNPA
- 1.90% (down 95 bps YoY)
- Period
- Q2 FY27
- Positioning
- SBI Card presents itself as a credit card issuer with 2.32 Cr cards-in-force, ₹58,376 Cr receivables and ₹110,689 Cr quarterly spends.
📉 Q2 FY27 PAT was ₹778 Cr, up 75% YoY and 17% QoQ; H1 FY27 PAT was ₹1,442 Cr, up 44%. Revenue from operations rose 4% YoY to ₹5,141 Cr, while impairment on financial instruments fell 37% YoY to ₹819 Cr.
📈 Asset quality improved: GNPA 1.90% (down 95 bps YoY), NNPA 0.77%, gross credit cost 5.6% versus 6.5% in Q1 FY27. ROAA was 4.4% and ROAE 18.4%; CAR stood at 26.5%. Cost to income rose 193 bps YoY to 58.7%.
📉 Business volumes were mixed: new accounts 11.06 lacs (up 18% YoY), cards-in-force 2.32 Cr (up 8%), spends ₹110,689 Cr (up 3% YoY, down 7% QoQ), while receivables of ₹58,376 Cr were down 2% YoY.
🔬 The company lists recent developments including the Google Pay Flex SBI Card launch, a fixed-deposit-backed secured card digital journey on YONO, a SIIMA tie-up to strengthen its South India presence, and a continued Apple offer partnership aimed at premium customers.
Also from SBI Cards and Payment Services
SBI Card Q2 FY'27 earnings call audio recording link disclosed; call held October 23, 2026
23 Oct 2026
ICRA AAA (Stable)/A1+ reaffirmed on Rs. 75,050.00 crore; Rs. 800 crore NCDs reaffirmed and withdrawn
23 Oct 2026
Board approves September quarter results; auditors note Rs. 100 crores additional impairment allowance
23 Oct 2026
More numbers
- PAT, Q2 FY27₹ 778 Cr
- PAT growth YoY, Q2 FY2775%
- Revenue from operations, Q2 FY275,141 (₹ Cr)
- PAT, H1 FY271,442 (₹ Cr)
- Spends, Q2 FY27₹ 110,689 Cr
- Receivables, Q2 FY27₹ 58,376 Cr
- GNPA, Q2 FY271.90%
- NNPA, Q2 FY270.77%
- ROAE, Q2 FY2718.4%
- Gross credit cost, Q2 FY275.6%
- Capital adequacy ratio, Q2 FY2726.5%
- Total assets, Sept'2671,102 (₹ Cr)
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