Spandana Sphoorty Financial Ltd - 542759 - Board Meeting Outcome for Outcome Of The Board Meeting Of The Company Held On Monday, October 30, 2023.
Outcome of the Board Meeting of the Company held on Monday, October 30, 2023.30-10-2023
Spandana Sphoorty Financial Ltd - 542759 - Board Meeting Outcome for Outcome Of The Board Meeting Of The Company Held On Monday, October 30, 2023.
Outcome of the Board Meeting of the Company held on Monday, October 30, 2023.Q2FY24 Quarterly Result Announced for Spandana Sphoorty Financial Ltd.
Non-banking financial company Spandana Sphoorty Financial announced Q2FY24 results: AUM: Rs 9,784 crore; +69% YoY (Rs 5,782 crore in Q2FY23) New Customer Acquisition: 3.5 Lacs (183% YoY growth; 1.2 lacs in Q2FY23) Disbursement: Rs 2,513 crore; +81% YoY (Rs 1,391 crore in Q2FY23) GNPA: 1.40% (1.63% in Q1FY24) NNPA: 0.42% (0.49% in Q1FY24) Income: Rs 640 crore; +106% YoY (Rs 310 crore in Q2FY23) Net Income: Rs 412 crore; +89% YoY (Rs 219 crore in Q2FY23) NIM: 14.1% (13% in Q2FY23) PAT: Rs 125 crore; +127% YoY (Rs 55 crore in Q2FY23) Shalabh Saxena, CEO and Managing Director, while announcing the results stated, “During the quarter our AUM grew 69% YoY to Rs 9,784 crore with disbursements at Rs 2,513 crore which was a growth of 81% YOY. We added 3.5L new borrowers taking our total borrower count to 27 Lakhs, a growth of 24%. All the financial parameters showed a positive trend with PAT increasing 127% to Rs 125 crore, GNPA and NNPA further improving to 1.40% and 0.42% respectively from 1.63% and 0.49% at the end of Q1FY24. Besides, we have added 292 branches during the calendar year, taking the count of operational branches to 1,407. We will be operationalizing an additional 110 branches in the next 3 months, thus taking the branch strength to over 1,500. During the quarter, we soft launched Nano enterprise loans for shopkeepers & retailers on the back of Loan Against Property which we launched in Q1. We have seen good demand for these products and we will scale up these business lines as we progress. As a management team, we are comfortable with the progress made thus far and are confident of achieving our goals as set under the Vision – 2025.” Result PDFSpandana Sphoorty Financial Ltd - 542759 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor Presentation on the financial results for the quarter and half-year ended September 30, 2023Spandana Sphoorty Financial Ltd - 542759 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release on the financial results for the quarter and half-year ended September 30, 2023Spandana Sphoorty Financial Ltd - 542759 - Results-Financial Results For The Quarter And Half-Year Ended September 30, 2023
Results-Financial Results for the quarter and half-year ended September 30, 2023Spandana Sphoorty Financial Ltd - 542759 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
Intimation of allotment of equity shares of the Company pursuant of the exercise of Employee Stock Options.Spandana Sphoorty Financial Ltd - 542759 - Announcement under Regulation 30 (LODR)-Allotment
Allotment of Non-Convertible Debentures on private placement basis.Spandana Sphoorty Financial Ltd - 542759 - Announcement under Regulation 30 (LODR)-Allotment
Allotment of Non-Convertible Debentures on private placement basis.Spandana Sphoorty Financial Ltd - 542759 - Board Meeting Outcome for Outcome Of The Management Committee Of The Board Of Directors Meeting Held On October 20, 2023.
Outcome of the Management Committee of the Board of Directors Meeting held on October 20, 2023.Spandana Sphoorty Financial Ltd - 542759 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of Conference Call is scheduled to be held on Monday, October 30, 2023.