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Spandana Sphoorty to increase micro-LAP

Spandana Sphoorty to increase micro-LAP
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Spandana Sphoorty s net profit rises 22% to Rs 129 cr in Q4

The non-banking financial company and microfinance lender (NBFC-MFI) also reported its highest-ever net profit for FY24 at Rs 501 crore, a jump of over 4,000 percent from Rs 12 crore in the previous financial year

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Spandana Sphoorty Financial Q4 Results: Net profit rises 22% YoY to Rs 129 crore

Its quarterly net interest margin, a key profitability metrics, improved to 14.6% from 13.9% seen in the year ago quarter. This was helped by a lower incremental cost of borrowing to 11.7% for the quarter while the average cost of funds was 12.2% for FY24.

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Spandana Sphoorty Q4 net up 22% at ₹129 crore - The Hindu BusinessLine

Spandana Sphoorty Q4 net up 22% at ₹129 crore - The Hindu BusinessLine
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Spandana Spoorthy aims at ₹28,000 crore portfolio by 2028 - The Hindu BusinessLine

Spandana Spoorthy aims at ₹28,000 crore portfolio by 2028 - The Hindu BusinessLine
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