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SPANDANA SPHOORTY RESULTS
J&K Bank profit jumps 36% as asset quality and growth improveJammu & Kashmir Bank reported a 36% rise in Q4 profit with improved asset quality and higher operating profit. Annual profit hit a record h...- Spandana Sphoorty suffers net loss, auditor flags concerns over fraudsSpandana Sphoorty Financial announced a net loss of Rs 434 crore for the fourth quarter, alongside troubling findings from independent audi...
- Spandana Sphoorty Financial downgraded by CareEdge, ICRA after Q3 resultsCareEgde Ratings: CareEdge and ICRA downgraded Spandana Sphoorty Financial’s debt ratings after weak Q3 results. The microfinance firm face...
- Spandana Sphoorty Financial suffers 2nd quarterly loss, breaches borrowing covenants, regulatory normSpandana Sphoorty Financial posted a ₹440 crore net loss in Q3 FY24, its second consecutive quarterly loss, driven by ₹626 crore bad loan w...
- Spandana Sphoorty Financial Q1 results: Net profit falls 53% yoy to Rs 55.7 crore“The first quarter of the fiscal was a challenging one for the company. The long drawn seven phase general elections, severe heat wave acro...
- Stocks in news: Ultratech, IOC, Adani Energy, Adani Total Gas, Kfin Tech, Tata ChemicalsSpandana Sphoorty reported consolidated net profit of Rs 122 crore for the quarter ended March 2024. The net interest income jumped 21% yea...
- Spandana Sphoorty Financial Q4 Results: Net profit rises 22% YoY to Rs 129 croreIts quarterly net interest margin, a key profitability metrics, improved to 14.6% from 13.9% seen in the year ago quarter. This was helped ...
- Spandana Sphoorty profit rises 79% in Q3The lender's asset quality improved year-on-year but slipped a bit sequentially. Saxena attributed this to the transition from monthly repa...
- Spandana Sphoorty Q1 Results: Interest income more than doubles to Rs 493 croreThe asset under management for Spandana jumped 60% to Rs Rs 8,848 crore while gross non-performing assets ratio fell to 1.63% at the end of...
- Spandana Sphoorty shares jump 10%, hit 52-week high post Q4 resultsSpandana Sphoorty Financial's Q4 FY23 net profit increased by 268% to INR 105.55 crore ($14.1m), which boosted the company's shares by almo...
- Spandana Sphoorty Q4 Results: PAT rises to Rs 105 cr; aims to disburse Rs 11,500 cr in FY24For FY23, its post-tax net profit declined to Rs 12.31 crore against Rs 69.8 crore in the year-ago period. A statement from Spandana Sphoor...
- Spandana Sphoorty shares hit 5% upper circuit on sale of stressed loan“The board has approved the transfer of stressed loan portfolio including written-off loans of Rs 323.08 crore outstanding as on September ...
- Down over 69% from its 52-week high! ICICI Securities upgrades this stock to 'Buy'ICICI Securities, in its recent report, however, has upgraded the stock to 'Buy' from 'Add' earlier with a revised target price of Rs 550, ...
- Spandana Sphoorty tanks over 8% after muted performance in Q1Its consolidated total income also declined sharply from Rs 480.3 crore in Q4FY21 to Rs 299.1 crore in Q4FY22. Its business operations were...
- Spandana Sphoorty net profit rises 50% to Rs 75 cr in March-qtrSpandana had informed the stock exchanges about delay in submitting the financial results for the financial year ended March 31, 2022 as it...
- Spandana Sphoorty's founder and former MD Padmaja Reddy moves courtSpandana called a board meeting on March 18 and announced the appointments of Saxena as MD and Ashish Damani as chief financial officer for...
- Fresh trouble brewing at Spandana Sphoorty: Padmaja Reddy to challenge preferential allotment to Kedaara CapitalMicrofinance lender Spandana Sphoorty Financial faces fresh troubles over fundraising as some minority shareholders get ready to challenge ...
- Spandana Sphoorty sheds 5% as delayed Q2 results show Rs 58-cr net lossThe microfinance lender delayed the announcement of its second-quarter results as it failed to complete the audit in time due to the flux i...
- Spandana Sphoorty posts Rs 59 crore loss in Q2Spandana Sphoorty Financial, which was caught in a bitter fight between its promoter and private equity investor Kedaara Capital, reported ...
- Spandana Sphoorty rises 29% in 3 days on buzz Axis Bank may buy stakeAxis Bank is looking to strengthen its reach in the rural areas and acquiring a microfinance lender with greater range in rural areas is se...
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