Spandana Sphoorty Financial Limited — Board Meeting, 30-05-2025: Outcome of Board Meeting

Spandana Sphoorty Financial reported a consolidated loss of ₹1,035 Cr for the year, hit by ₹1,555 Cr in credit costs and technical write-offs amid microfinance sector stress. The loan book shrank to ₹5,554 Cr, but the company preserves a strong Tier 1 capital of ₹1,673 Cr and a robust capital adequacy ratio of 36.31%. The board has approved raising up to ₹4,000 Cr via non-convertible debentures alongside a planned ₹750 Cr equity raise. Focus remains on recovery and strengthening collections to stabilize financial health.