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Spandana Sphoorty Financial Ltd Q1FY24; 105% 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 ₹512.00 Crores up from ₹250.00 Crore year on year, a rise of 104.8%.

Total Expenses for Q1FY24 of ₹367.00 Crores down from ₹560.00 Crores year on year, a fall of 34.46%.

Consolidated Net Profit of ₹119.00 Crores from -₹220.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹16.83, from -₹30.98 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.

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