SBI Cards and Payment Services Ltd reported a 19% drop in Q4 FY25 profit to ₹534 crore due to higher defaults and impairment losses. Gross non-performing assets rose to 3.08% from 2.76% YoY, while full-year profit slipped 20% to ₹1,916 crore. Despite income growth, worsening asset quality may weigh on investor sentiment and limit near-term stock upside.
