Spandana Sphoorty Financial Ltd

Spandana Sphoorty Financial Ltd share price slipped 2.11% to Rs 245.5. The Company's net profit soared by 125.43% to Rs 11.88 crore, while revenue from operations improved marginally 9.33% to Rs 283.91 crore in Q2FY26 over Q1FY26. The market capitalization of Microfinance Institutions industry group stocks on BSE stood at Rs 32831.79 crore, rising 1.96%. It has softened by 1.34% over last one week and rose by 10.61% in last one month while the market capitalization of Spandana Sphoorty Financial Ltd has slipped by 4.25% and 5.64% in the same period respectively. Profit before tax (PBT) of Spandana Sphoorty Financial Ltd stood at Rs 17.56 crore in Q2 FY26, tumbling by 103.65% year-on-year, and expanding by 118.95% quarter-on-quarter. EBITDA came in at Rs 18 crore, nosediving by 96.18% YoY and plunging by 19.21% sequentially. Total expenses posted a minor rise of 6.13% to Rs 285.66 crore in Q2FY26 over Q2FY25. During the quarter, employee benefits expense was at Rs 106.22 crore, dipping slightly 5.71% YoY. For the TTM ended FY26, revenue from operations tumbled 56.52% to Rs 1023.96 crore, while net profit plunged by 32.46% to Rs 699.15 crore, compared to previous TTM. EBITDA tanked by 150146% to Rs 994.02 crore, and PBT collapsed by 32.88% to Rs 925.48 crore compared to previous TTM. Spandana Sphoorty Financial Ltd inched up 2.16% in last one year, significantly outperforming the benchmark BSE Sensex which has eased by 3.21% during the same period.

Spandana Sphoorty Financial Limited announced that its board of directors approved a first and final call on partly paid-up equity shares of Rs 115.00 per share, comprising Rs 5.00 face value and Rs 110.00 premium, on outstanding partly paid-up equity shares of face value of Rs 10 each, issued on a rights basis, with Wednesday, August 19, 2026, fixed as the record date for holders of shares with ISIN IN9572J01019.

Spandana Sphoorty Financial announced that the 23th Annual General Meeting(AGM) of the company will be held on 18 August 2026.

Net profit of Spandana Sphoorty Financial reported to Rs 11.88 crore in the quarter ended June 2026 as against net loss of Rs 360.21 crore during the previous quarter ended June 2025. Sales declined 5.51% to Rs 283.91 crore in the quarter ended June 2026 as against Rs 300.46 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales283.91300.46 -6 OPM %46.81-108.69 - PBDT20.12-476.65 LP PBT17.56-480.89 LP NP11.88-360.21 LP Powered by Capital Market - Live

Total income for the period under review rose by 0.3% year-on-year (YoY) to Rs 303 crore. The financier has recorded a pre-provision operating profit of Rs 16 crore in the June 2026 quarter as against a loss of Rs 59 crore in the same period last year. Provisions (other than tax) and Contingencies fell by 41% to Rs 36.66 crore in Q1 FY27 from Rs 62.09 crore in Q1 FY26. Impairment on financial instruments amounted to Rs 22 crore in Q1 FY27. The impairment charge for June 2025 quarter was Rs 441 crore. The company posted a pre-tax profit of Rs 18 crore in Q1 FY27. It had registered a pre-tax loss of Rs 481 crore in Q1 FY26. Spandana Sphoorty Financial (SSFL) is engaged in lending, providing small-value unsecured loans to low-income customers in semi-urban and rural areas. The tenure of these loans is generally 1-2 years. While SSFL extends microfinance loans, its subsidiaries extend other services such as loans against property, business loans and personal loans. The scrip rose 2.49% to end at Rs 291.75 on the BSE today. Powered by Capital Market - Live

Spandana Sphoorty Financial will hold a meeting of the Board of Directors of the Company on 23 July 2026.

Spandana Sphoorty Financial announced the sad demise of Abanti Mitra (DIN: 02305893), Chairperson and Independent Director of the Company on 13 July 2026.

Crisil Ratings stated that the ratings continue to factor in the company's healthy capitalisation and its established market position, with regional diversity in portfolio. These strengths are partially offset by modest profitability and susceptibility of asset quality to local socio-political issues in the microfinance sector and average resource profile. The company's portfolio quality has been restoring gradually after undergoing stress in the recent past; this improvement is led by better performance of the loan book that has been originated post tightening of underwriting and implementation of guardrails. Overall, the company reported loss of Rs 699 crore for fiscal 2026 which translates to a return on managed assets (RoMA) of -9.0% as against a loss of Rs 1,035 crore and RoMa of -9.0% for the previous fiscal. The pace and magnitude at which asset quality and overall profitability restore to normalcy, will remain a key monitorable and a rating sensitivity factor. The overall rating continues to reflect the company's established track record in the microfinance sector along with regional diversity in asset base and healthy capitalisation which was supported by rights issue of Rs 400 crore (partly paid to the extent of Rs 200 crore) in Q2 FY26. Tier-I and overall capital adequacy ratios (CAR) were comfortable at 35.9% and gearing was low at 1.9 times on 31 March 2026. Spandana Sphoorty Financial (SSFL) is engaged in lending, providing small-value unsecured loans to low-income customers in semi-urban and rural areas. The tenure of these loans is generally 1-2 years. While SSFL extends microfinance loans, its subsidiaries extend other services such as loans against property, business loans and personal loans. Powered by Capital Market - Live

Net profit of Spandana Sphoorty Financial reported to Rs 5.27 crore in the quarter ended March 2026 as against net loss of Rs 434.30 crore during the previous quarter ended March 2025. Sales declined 37.39% to Rs 259.69 crore in the quarter ended March 2026 as against Rs 414.79 crore during the previous quarter ended March 2025. For the full year,net loss reported to Rs 699.09 crore in the year ended March 2026 as against net loss of Rs 1035.10 crore during the previous year ended March 2025. Sales declined 56.52% to Rs 1023.96 crore in the year ended March 2026 as against Rs 2355.16 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales259.69414.79 -37 1023.962355.16 -57 OPM %46.44-93.81 --43.29-20.92 - PBDT12.06-570.42 LP -909.28-1356.10 33 PBT8.02-577.62 LP -925.48-1378.80 33 NP5.27-434.30 LP -699.09-1035.10 32 Powered by Capital Market - Live

Spandana Sphoorty Financial will hold a meeting of the Board of Directors of the Company on 5 May 2026.