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SPANDANA SPHOORTY EARNINGS
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...
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 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 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 swings back to black in Sept quarterThe higher delinquencies caused due to Covid-19 pandemic and resignation of the erstwhile managing director have resulted in breach of some...
Buy Spandana Sphoorty Financial, target price Rs 500: ICICI SecuritiesSpandana Sphoorty Financial Ltd., incorporated in the year 2003, is a Mid Cap company (having a market cap of Rs 3121.33 Crore) operating i...
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, ...
Buy Spandana Sphoorty, target price Rs 550: ICICI SecuritiesSpandana Sphoorty Financial Ltd., incorporated in the year 2003, is a Mid Cap company (having a market cap of Rs 2917.52 Crore) operating i...
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...
Add Spandana Sphoorty Financial, target price Rs 460: ICICI SecuritiesSpandana Sphoorty Financial Ltd., incorporated in the year 2003, is a Mid Cap company (having a market cap of Rs 2547.67 Crore) operating i...
Market Movers: A Big Bull bet is down in dumps and Diwali bash on realty countersBacked by veteran investor Rakesh Jhunjhunwala, the gaming technology company had caught investors’ imagination over the past nine months. ...
Buy Spandana Sphoorty Financial, target price Rs 840: ICICI SecuritiesSpandana Sphoorty Financial Ltd., incorporated in the year 2003, is a Mid Cap company (having a market cap of Rs 4173.75 Crore) operating i...
Market Movers: Banks slide but hotels surge on RBI measuresThe Reserve Bank of India’s decision to open a special liquidity window for the other sector and other contact-intensive businesses eased t...
Buy Spandana Sphoorty, target price Rs 840: ICICI SecuritiesICICI Securities has buy call on Spandana Sphoorty Financial Ltd with a target price of Rs 840. The current market price of Spandana Sphoor...
Buy Spandana Sphoorty Financial, target price Rs 620: ICICI SecuritiesAccording to the brokerage, strong pre-provision operating profit (PPoP) margin at 16% and higher contingency buffer would ensure Spandana ...
Spandana Sphoorty showing strong fundamentals, visible growth curveThe number of borrowers more than doubled to 24.6 lakh during the period.