Spandana Sphoorty Financial Ltd
Financial Results for the quarter ended June 30, 2026
RESULTS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 23 Jul 2026, 05:49 PM IST · BSE ID: 317ee3e1-d0fb-4a24-ae31-a05898b16d1c
View Original BSE Filing (PDF)
💡
In Simple Terms
The company reported a profit of Rs. 16.09 crore this quarter, a significant improvement from last year's loss.
🤖 AI Summary
- Spandana Sphoorty Financial Ltd reported standalone net profit of Rs. 16.09 crore for Q1 FY27.
- This reverses a standalone net loss of Rs. 328.91 crore in the quarter ended June 30, 2025.
- Total standalone income for the quarter ended June 30, 2026, stood at Rs. 279.78 crore.
- The Board of Directors appointed Ms. Dipali Hemant Sheth as Non-Executive Chairperson.
- Basic Earnings per equity share for the quarter was Rs. 2.01, compared to Rs. (46.13) last year.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Profit / (loss) after tax for the period / year
16.09 crores
Not comparable — limited prior period data.
Total income (I+II)
279.78 crores
Finance costs
128.59 crores
Impairment on financial instruments
(10.22) crores
Basic Earnings per equity share (")
2.01
Not comparable — limited prior period data.
🏢 How This Affects the Company
The improved financial performance reflects a turnaround from the previous year's loss, potentially strengthening the company's lending and operational capacity. The appointment of a Non-Executive Chairperson indicates a change in leadership structure.
Net profit for the quarter ended June 30, 2026, was Rs. 16.09 crore, a reversal from the Rs. (328.91) crore net loss in the same prior-year period. This directly impacts the company's retained earnings and overall financial health.
No direct operational changes are detailed in the filing regarding workforce, capacity, or supply chain. The appointment of a Non-Executive Chairperson affects governance and board oversight.
The reduction in impairment on financial instruments to Rs. (10.22) crore from Rs. 382.57 crore in the prior-year period indicates improved asset quality and reduced credit risk.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this financial results and appointment filing.
👤
Who Is Affected
All shareholders are affected by the improved financial performance, with Basic EPS moving to Rs. 2.01 from Rs. (46.13) in the prior year. The appointment of Ms. Dipali Hemant Sheth as Non-Executive Chairperson impacts governance.
🔍
Management Signal
The Board's approval of Q1 FY27 financial results showing a profit and the appointment of an Independent Director as Non-Executive Chairperson signals a focus on improved financial performance and governance.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY27 financial results — monitor sustained profitability and income growth.
Updates on asset quality — track impairment on financial instruments in subsequent quarters.
Board's strategic direction — observe impact of new Non-Executive Chairperson's leadership.
MEDIUM RISK
Despite the profit, finance costs remain high relative to income, and prior year results were significantly negative.
💡 Investor Takeaway
Spandana Sphoorty Financial Ltd posted a standalone net profit of Rs. 16.09 crore for Q1 FY27, a significant turnaround from the Rs. (328.91) crore net loss in Q1 FY26. Total income reached Rs. 279.78 crore.
⚖️ Strengths & Concerns
✅ Positives
- Reported a standalone net profit of Rs. 16.09 crore for Q1 FY27, reversing a Rs. (328.91) crore loss YoY.
- Impairment on financial instruments decreased to Rs. (10.22) crore from Rs. 382.57 crore in Q1 FY26.
⚠️ Concerns
- Finance costs remained substantial at Rs. 128.59 crore for Q1 FY27, constituting 46% of total income.
- Total income of Rs. 279.78 crore for Q1 FY27 is comparable to Rs. 264.18 crore in Q1 FY26, showing limited growth.
📅 Company Track Record
Spandana Sphoorty Financial Ltd's Q1 FY27 standalone net profit of Rs. 16.09 crore reverses a significant loss from Q1 FY26 of Rs. (328.91) crore, as noted in previous filings for the same period.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Spandana Sphoorty Financial Ltd's net profit for the quarter ended June 30, 2026?
Spandana Sphoorty Financial Ltd reported a standalone net profit after tax of Rs. 16.09 crore for the quarter ended June 30, 2026.
How does this compare to the previous year's Q1 results for Spandana Sphoorty Financial Ltd?
The company's standalone net profit of Rs. 16.09 crore for Q1 FY27 reverses a standalone net loss of Rs. 328.91 crore recorded in the quarter ended June 30, 2025.
What was the total income for Spandana Sphoorty Financial Ltd in Q1 FY27?
Total standalone income for Spandana Sphoorty Financial Ltd for the quarter ended June 30, 2026, was Rs. 279.78 crore.
Who was appointed as the Non-Executive Chairperson of Spandana Sphoorty Financial Ltd?
Ms. Dipali Hemant Sheth (DIN: 07556685), an Independent Director, was appointed as the Non-Executive Chairperson of Spandana Sphoorty Financial Ltd.
Questions based on this BSE filing only. For information purposes.