SBI Cards Q3 FY25 results: Revenue up 1% to Rs 4,767 crore, net profit falls 30% to Rs 383 crore
The decline in PAT was primarily driven by a 49% increase in impairment on financial instruments, which amounted to ₹1,313 crore in Q3 FY25, up from ₹883 crore in the same period last year. Despite the decrease in profit, SBI Cards experienced growth in key business metrics.