Spandana Sphoorty Financial Ltd Q1FY24; 110% rise in Revenue

Spandana Sphoorty Financial is primarily engaged in the business of micro finance providing small value unsecured loans to low-income customers in semi-urban and rural areas.

Financial Results:

Spandana Sphoorty Financial Ltd reported Revenues for Q1FY24 of ₹487.00 Crores up from ₹232.00 Crore year on year, a rise of 109.91%.

Total Expenses for Q1FY24 of ₹353.00 Crores down from ₹545.00 Crores year on year, a fall of 35.23%.

Consolidated Net Profit of ₹111.00 Crores from -₹223.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹15.65, from -₹31.39 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.