About 18 months ago, Kedaara had shelved a similar plan following allegations by Spandana founder Padmaja Gangireddy that it was selling of...

Padmaja Gangireddy, founder of Spandana Sphoorty Financial, plans to sell a part of her 14.5% share in the firm she left one-and-a-half yea...

Spandana 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...

“The board has approved the transfer of stressed loan portfolio including written-off loans of Rs 323.08 crore outstanding as on September ...

SSFL is registered with the Reserve Bank of India (RBI) since April 2015. Pursuant to its initial public offer, its shares were listed on t...

Spandana Sphoorty Financial Ltd., incorporated in the year 2003, is a Mid Cap company (having a market cap of Rs 4349.78 Crore) operating i...

The company's core interest income slipped to Rs 244 crore during the quarter against Rs 397 crore.There was a pre-provision operating prof...

ICICI Securities, in its recent report, however, has upgraded the stock to 'Buy' from 'Add' earlier with a revised target price of Rs 550, ...

Its consolidated total income also declined sharply from Rs 480.3 crore in Q4FY21 to Rs 299.1 crore in Q4FY22. Its business operations were...

A little over 81% of the company's shareholders approved the preferential allotment. Special resolutions like these needed 75% approval.

Spandana Sphoorty Financial Ltd., incorporated in the year 2003, is a Mid Cap company (having a market cap of Rs 2435.92 Crore) operating i...

Microfinance lender Spandana Sphoorty Financial faces fresh troubles over fundraising as some minority shareholders get ready to challenge ...

The microfinance lender delayed the announcement of its second-quarter results as it failed to complete the audit in time due to the flux i...

For investors, the saga has come to a disappointing end with Axis Bank likely pulling the plug on the potential acquisition. Shares of the ...

The board of Spandana has accepted MD Padmaja G Reddy's resignation with immediate effect. It will be hiring an eminent industry veteran as...

ICICI Securities has buy call on Spandana Sphoorty Financial Ltd with a target price of Rs 840. The current market price of Spandana Sphoor...

The brokerage is positive about profitability/growth normalization in FY22.