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Spandana Sphoorty Financial Ltd Q3FY24; 71% rise in Profits

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 Q3FY24 of ₹591.00 Crores up from ₹340.00 Crore year on year, a rise of 73.82%.

Total Expenses for Q3FY24 of ₹464.00 Crores up from ₹262.00 Crores year on year, a rise of 77.1%.

Consolidated Net Profit of ₹118.00 Crores up 71.01% from ₹69.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹16.62, up 70.29% from ₹9.76 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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