Street positive on SBI Cards despite Q3 miss, on strong growth expectations

Growth and earnings expectations remain strong

Devangshu Datta | New Delhi
Last Updated at January 27, 2023 23:07 IST

SBI Cards reported a net profit of Rs 500 crore, down 3.1 per cent sequentially but up 32 per cent y-o-y

SBI Cards and Payments Services registered disappointing results, even as growth remained strong. Most analysts still hold positive views about the stock and have maintained buy/accumulate recommendations.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

MONTHLY

₹ 249

Select

ANNUAL

₹ 1799

Select

Best Offer

SMART ANNUAL

₹ 1499

₹ 1799

Opt for auto renewal and save Rs 300

Select

What you get on Business Standard Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
Pick your 5 favourite companies, get a daily email with all news updates on them.
26 years of website archives.
Preferential invites to Business Standard events.