SBI Cards and Payment Services Ltd (BOM:543066)

₹ 715.6 12 (1.71%) Market Cap: 680.56 Bil Enterprise Value: 1.05 Til PE Ratio: 28.19 PB Ratio: 5.62 GF Score: 66/100

Q4 2024 SBI Cards and Payment Services Ltd Earnings Call Transcript
Apr 26, 2024

₹750.4 (-1.02%)

Earnings
Q3 2024 SBI Cards and Payment Services Ltd Earnings Call Transcript
Jan 25, 2024

₹759.85 (+1.84%)

Earnings
Q2 2024 SBI Cards and Payment Services Ltd Earnings Call Transcript
Oct 27, 2023

₹791.05 (+2.34%)

Earnings
Q1 2024 SBI Cards and Payment Services Ltd Earnings Call Transcript
Jul 28, 2023

₹856.5 (-0.42%)

Earnings
Q4 2023 SBI Cards and Payment Services Ltd Earnings Call Transcript
Apr 28, 2023

₹771.85 (-1.56%)

Earnings
Q3 2023 SBI Cards and Payment Services Ltd Earnings Call Transcript
Jan 24, 2023

₹746.2 (-2.73%)

Earnings
Q2 2023 SBI Cards and Payment Services Ltd Earnings Call Transcript
Oct 27, 2022

₹857.6 (+1.50%)

Earnings
Q1 2023 SBI Cards and Payment Services Ltd Earnings Call Transcript
Jul 28, 2022

₹930.25 (+4.67%)

Earnings
Q4 2022 SBI Cards and Payment Services Ltd Earnings Call Transcript
Apr 29, 2022

₹829.75 (-1.44%)

Earnings

Q3 2024 SBI Cards and Payment Services Ltd Earnings Call Transcript

Jan 25, 2024 / 01:00PM GMT

Release Date Price: ₹759.85 (+1.84%)

Transcript

Operator

Ladies and gentlemen, good day and welcome to the SBI Cards and Payment Services Limited Q3 FY24 earnings conference call. (Operator Instructions)

Please note that this conference is being recorded. I now hand the conference over to Mr. Abhijit Chakravorty, MD and CEO. Thank you, and over to you, sir.

Abhijit Chakravorty

SBI Cards and Payment Services Limited - MD & CEO

Thank you. Good evening, everyone. I'm pleased to welcome you to the quarter three financial year 2024 earnings call, along with my senior management team at SBI Cards.

Indian economy continues its steady growth rate. India's GDP is expected to grow at around 7% in financial year 2024 as per the National Statistical Office and RBI's projections and their respective projections for 7.3% and 7%, respectively.

One indication of this resilience is the positive consumer confidence. In fact, as per some studies, India has emerged one of the most optimistic markets across the world. The credit card industry has been experiencing robust growth with outstanding cards

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