SBI Cards & Payment Services standalone net profit declines 51.77% in the December 2020 quarter

Sales decline 3.06% to Rs 2403.20 crore

Net profit of SBI Cards & Payment Services declined 51.77% to Rs 209.66 crore in the quarter ended December 2020 as against Rs 434.67 crore during the previous quarter ended December 2019. Sales declined 3.06% to Rs 2403.20 crore in the quarter ended December 2020 as against Rs 2479.12 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales2403.202479.12 -3 OPM %18.2435.13 -PBDT314.07609.76 -48 PBT282.88583.21 -51 NP209.66434.67 -52

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