SBI Cards and Payment Services (NSE:SBICARD, BOM:543066) witnessed a decline in its profit after tax to 5.34 billion Indian rupees in the fiscal fourth quarter ended March 31, against 6.62 billion rupees a year ago.
Earnings per share contracted to 5.61 rupees compared with the year-ago figure of 6.96 rupees, according to a Thursday filing to Indian stock exchanges. The EPS is higher than the 5.43 rupees estimated by the analysts polled by Visible Alpha.
Revenue from operations in fiscal Q4, however, increased to 46.7 billion rupees from 43.5 billion rupees a year earlier.
The company's shares were down 5% in recent trade.
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