Results - Announcements
Spandana Sphoorty Financial Ltd share price slipped 4.94% to Rs 188.7. The Company's net profit saw a strong growth of 53.54% to Rs 18.24 crore, while revenue from operations edged up 14.44% to Rs 324.9 crore in Q3FY26 over Q2FY26.
The market capitalization of Microfinance Institutions industry group stocks on BSE stood at Rs 38867.32 crore, climbing 11.48%. It has softened by 3.29% over last one week and collapsed sharply by 34.10% in last one month while the market capitalization of Spandana Sphoorty Financial Ltd has inched up 5.83% and 13.98% in the same period respectively.
Profit before tax (PBT) of Spandana Sphoorty Financial Ltd stood at Rs 36.95 crore in Q3 FY26, tumbling by 111.30% year-on-year, and surging by 110.42% quarter-on-quarter. EBITDA came in at Rs 8 crore, crashing by 102.42% YoY and nosediving by 144.81% sequentially.
Total expenses saw a slight increase of 6.23% to Rs 303.47 crore in Q3FY26 over Q3FY25. During the quarter, employee benefits expense was at Rs 103.34 crore, seeing a marginal contraction of 2.71% YoY.
For the TTM ended FY26, revenue from operations plunged by 56.52% to Rs 1023.96 crore, while net profit tanked by 32.46% to Rs 699.15 crore, compared to previous TTM. EBITDA saw a sharp decline of 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 tumbled by 20.90% in last one year, underperforming the benchmark BSE Sensex which has declined by 12.76% during the same period.