SBI Cards Dividend 2023 SBI Cards and Payment Services Limited announced a dividend payout of Rs 2.50 per equity share of Rs 10 each
Read More:– 5 Best ELSS Funds To Invest In Basis Returns Of Last 3 Years
SBI Cards Dividend 2023, SBI Cards and Payment Services Limited Q4 Results: In its exchange filing announcing the Q4 results on Friday, SBI Cards and Payment Services Limited announced that it declared a dividend payout of Rs 2.50 per equity share of Rs 10 each, translating to a 25% payout for the year ended March 31, 2023. The company said, “The Board of Directors have declared interim dividend of~ 2.50 per equity share (25%) of the face value of~ 10/- each for the financial year 2022-23 in accordance with Section 123(3) of the Companies Act, 2013, as amended.”
Read More : Summer 2023: Weather department says eastern India may experience heat waves in May
SBI Cards and Payment Services Limited Q4 Results
In its Q4 results released today, the company reported a net profit of Rs 596.5 crore — clocking a rise of 2.7% – for the quarter ended 31 March, 2023.
In the corresponding quarter last financial year, SBI Cards had reported a net profit of Rs 581 crore.
The company recorded a rise of 30 per cent on a year-on-year basis, jumping from Rs 3016.10 crore in Q$FY22.
Read More:– Vande Bharat Express gets tremendous response in Kerala; Tickets sold out till May 1
SBI Cards reported its PAT increasing to Rs 596 crore — rise of 3% YoY — in the fourth quarter against Rs 581 crore in the corresponding quarter last year.
