SBI Cards Misses Profit Estimates Despite Revenue Growth in Q2

SBI Cards and Payment Services Ltd reported ₹49.61 billion in revenue from operations for Q2 FY2025, reflecting robust growth. However, net profit stood at ₹4.45 billion, falling short of the ₹5.79 billion IBES estimate. The results highlight strong topline momentum but suggest margin pressures and higher provisioning costs.

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