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Spandana Sphoorty to increase micro-LAP financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
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 ....
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. ....
Spandana Sphoorty Q4 net up 22% at ₹129 crore - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Spandana Spoorthy aims at ₹28,000 crore portfolio by 2028 - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.