Spandana Sphoorty Financial Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Spandana Sphoorty reported Q1 FY27 AUM growth of 11% quarter-on-quarter to Rs 4,887 crores, with PAT rising to Rs 12 crores from Rs 5 crores in the March quarter. Management cited improvement in NIM to 12.5%, a decline in marginal cost of borrowings to 11.3%, and X-bucket collection efficiency sustained at 99.5%. The company also disclosed plans to pilot an individual loan product in Madhya Pradesh and expand presence in Tamil Nadu and Maharashtra.
Spandana Sphoorty reported its AUM grew 12% quarter-on-quarter to Rs 4,420 crores, with disbursements averaging Rs 500 crores per month during Q4 FY26, up from Rs 400 crores in Q3. The company posted a PAT of Rs 5 crores, its first profitable quarter after six consecutive quarters of losses, while X-bucket collection efficiency stood at 99.7% and GNPA improved to 3.8% from 4.2% in the previous quarter. Management also discussed the migration to a new loan origination system built by Perfios, the CFL merger process, and plans to launch a new individual loan product through its subsidiary Criss Financial.