New Delhi, Oct. 24 -- SBI Cards and Payment Services announced its September quarter performance today, post-market hours, reporting a 10% YoY jump in its net profit at Rs.445 crore, compared to a net profit of Rs.404 crore, but showing a sharp 20% QoQ drop.

It reported a 13% YoY increase in total income to Rs.5,136 crore compared to Rs.4,556 crore in Q2 FY25. The company's interest income rose by 9% YoY to Rs.2,493 crore in Q2 FY26, up from Rs.2,290 crore in the same period last year but remained flat on a sequential basis.

The fees and commission income saw a 16% increase to Rs.2,471 crore, compared to Rs.2,131 crore in the same period last year.

Key profitability metrics showed a decline, with Return on Average Assets (ROAA) at 2.6%...