SPA Capital Services Ltd — Results, 12-08-2025: Result

SPA Capital Services announced its board approved the financial results for the quarter ended June 30, 2025. The company reported revenue from operations of Rs 10.69 Cr, up from Rs 4.06 Cr last year. Net profit for the period rose to Rs 0.19 Cr, from Rs 0.10 Cr. Basic EPS was Rs 0.605. Auditors highlighted concerns: the company did not account for Rs 0.19 Cr in interest expenses on some loans, departing from accrual accounting. Also, no interest was charged on Rs 3.14 Cr in loans given, which auditors believe should be loss assets per NBFC guidelines, overstating profits and loan assets.