Total income for the period under review rose by 0.3% year-on-year (YoY) to Rs 303 crore.
The financier has recorded a pre-provision operating profit of Rs 16 crore in the June 2026 quarter as against a loss of Rs 59 crore in the same period last year.
Provisions (other than tax) and Contingencies fell by 41% to Rs 36.66 crore in Q1 FY27 from Rs 62.09 crore in Q1 FY26.
Impairment on financial instruments amounted to Rs 22 crore in Q1 FY27. The impairment charge for June 2025 quarter was Rs 441 crore.
The company posted a pre-tax profit of Rs 18 crore in Q1 FY27. It had registered a pre-tax loss of Rs 481 crore in Q1 FY26.
Spandana Sphoorty Financial (SSFL) is engaged in lending, providing small-value unsecured loans to low-income customers in semi-urban and rural areas. The tenure of these loans is generally 1-2 years. While SSFL extends microfinance loans, its subsidiaries extend other services such as loans against property, business loans and personal loans.
The scrip rose 2.49% to end at Rs 291.75 on the BSE today.
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Valued Customer,
BOB Capital Markets Limited (BOBCaps) is firmly committed to the safety of your wealth. We would like to bring to your notice certain precautions that you certainly must take against potential tele-fraudsters/ unscrupulous and unregistered portfolio managers:
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We would like to caution you against such fraudulent calls and SMSes and urge you to be alert. Follow the golden rule:
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BOBCaps employees / representatives never ask for your password.
Certain tele-fraudsters / unscrupulous and unregistered portfolio managers call customers or SMS them on the pretext of providing investment tips and lure them to invest through their bogus firms by promising huge profits.
Such deceitful callers ask the customer to share his/her login credentials with passwords to allow trading in their accounts, assuring huge returns.
Often trades done in the customer’s accounts are far from the best interest of the customers. Holdings of customers are often sold and with the funds, trades are then placed in illiquid securities at unrealistic prices.
At times, the holdings of customers are sold at prices detrimental to the customer. The so-called “portfolio manager” assures profits, which naturally does not materialize. Customers are deceived into providing access to their trading accounts, thereby allowing such fraudsters access to funds and securities available to execute trades, injurious to the customer’s interest.
In our continuous effort to keep you safeguard from the market related frauds and increase awareness while conducting trades, we request you to go through the Press Release issued by the NSE and would request you to ensure that you do not engage with the individuals and entities mentioned below: