Spandana Sphoorty Financial Limited — Updates, 14-08-2025: Press Release

Spandana Sphoorty completed a ₹400 Cr rights issue, strengthening its capital structure and improving CRAR to 46%. However, Q1FY26 financial results indicate operational headwinds. Assets Under Management (AUM) declined 27% QoQ to ₹4,958 Cr, with disbursements down 23% to ₹280 Cr. The company reported a net loss of ₹360 Cr for the quarter, largely due to elevated credit costs and subdued income. Pre-Provision Operating Profit (PPOP) turned negative at ₹-59 Cr. Standalone GNPA marginally increased to 4.88%, reflecting ongoing industry challenges.