Operating Leverage and Recent Developments
P&L Summary
Figures in Cr
SBI card
P&L
Q1 FY22
Q4 FY22
Q1 FY23
QoQ
YOY
Interest Income
1,153
1,266
1,387
10%
20%
Fees and commission income
1,099
1,427
1,538
8%
40%
Service Charges
24
35
35
-1%
46%
Business development incentive income
85
121
140
15%
65%
Insurance commission income
1
1
1
-33%
-31%
Net gain on fair value changes
0
*n.c.
*n.c.
Total Revenue from operations
Total Other Income
Total Income/Revenue
Finance costs
2,362
2,850
3,100
9%
31%
89
166
163
-2%
83%
2,451
3,016
3,263
8%
33%
229
267
308
15%
35%
Fees and commission expense
178
302
331
10%
86%
Net loss on derecognition of financial
2
*n.c.
*n.c.
instruments under amortized cost category
Impairment losses & bad debts
644
393
450
15%
-30%
Employee benefits & Expenses
116
121
139
15%
19%
Depreciation, amortisation & impairment
33
39
39
0%
20%
Operating & Other expenses
839
1,115
1,155
4%
38%
Total expenses
2,041
2,237
2,422
8%
19%
Profit before tax
410
779
841
8%
105%
Profit after tax
305
581
627
8%
106%
*n.c. denotes not comparable
22
22View entire presentation