Spandana Sphoorty Financial Ltd (SPAD.NS) reported consolidated revenue from operations of ₹2.34 billion for the December quarter, but posted a net loss of ₹949.7 million. The results highlight ongoing challenges in the microfinance sector, with the company focusing on restructuring and operational efficiency to stabilize performance and restore profitability.
Spandana Sphoorty Financial Ltd has announced its December quarter results, recording consolidated revenue from operations of ₹2.34 billion. Despite steady topline performance, the company reported a consolidated net loss of ₹949.7 million, reflecting the pressures faced in the microfinance industry.
The company continues to navigate sectoral challenges including credit costs, repayment stress, and regulatory adjustments. Management has emphasized its focus on restructuring operations, strengthening risk management, and enhancing efficiency to mitigate losses and position the business for recovery.
Key Highlights
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Revenue from Operations: ₹2.34 billion (Q3 FY25)
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Net Loss: ₹949.7 million (Q3 FY25)
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Industry Context: Microfinance sector facing repayment and credit quality pressures
Strategic Focus:
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Operational restructuring to improve efficiency
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Strengthened risk management practices
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Long-term goal of stabilizing profitability
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Continued emphasis on customer-centric financial inclusion
The results underscore the challenges of balancing growth with asset quality in the microfinance space. Spandana Sphoorty remains committed to building resilience and restoring shareholder confidence through corrective measures and strategic realignment.
Sources: Company announcement (Spandana Sphoorty Financial Ltd), Business Standard, Economic Times