Spandana Sphoorty Financial Limited — Board Meeting, 14-08-2025: Outcome of Board Meeting

Spandana Sphoorty's board approved the financial results for the quarter ending June 30, 2025. The company reported a consolidated loss of ₹360.21 Cr, primarily due to significant impairment losses including ₹580.59 Cr in technical write-offs. Operational challenges like borrower over-indebtedness also impacted performance.

However, the company recently completed a ₹400 Cr rights issue at ₹230 per share. The loan book saw a cautious reduction to ₹3,896.71 Cr. Despite covenant non-compliance for Q1FY26 (for which waivers were secured), Spandana maintains a strong capital position with a CRAR of 36.89%. #Spandana #Financials