Spandana Reports ₹12 Cr PAT as AUM Reaches ₹4,887 Cr, Reflecting Sector Growth

Spandana Reports ₹12 Cr PAT as AUM Reaches ₹4,887 Cr, Reflecting Sector Growth​

Mumbai, July 23, 2026 — Spandana Sphoorty Financial Limited today announced its unaudited financial results for the quarter ended June 30, 2026. The company reported a Profit After Tax (PAT) of ₹12 Cr, which is a significant increase compared to ₹5 Cr in the previous quarter.

The Management stated that Spandana is on a growth trajectory as the microfinance sector emerges from challenging phases, with key indicators showing improvement across operations and portfolio health. The company’s Assets Under Management (AUM) increased by 11% Quarter-on-Quarter (QoQ), reaching ₹4,887 Cr from ₹4,420 Cr at the end of March 2026.

During the quarter, Spandana disbursed a total of ₹1,371 Cr. Of this disbursement amount, approximately 61% was extended to new customers.

Portfolio Quality and Collections​

Focus remains on strengthening sourcing and improving portfolio quality. The company noted improvements in asset health metrics across the board.

Key operational highlights for Q1FY27 include:

• Collection Efficiency: Gross Collection Efficiency improved to 96.6% from 95.3% in Q4FY26. Net collection efficiency saw an improvement, reaching 95.9% from 94.7% in Q4FY26.
• Risk Management: The Provision for Advance Rate (PAR) 30+ improved to 4.4%, down from 4.7% at the end of March 2026.
• Recoveries: By engaging with over 90 DPD customers, Spandana achieved recoveries totaling ₹51 Cr during the quarter. Total recoveries from this specific pool over the past 18 months stand at ₹325 Cr.
• GNPA: Consolidated Gross Non-Performing Assets (GNPA) improved by 15 basis points (bps) QoQ to 3.64%.

Financial Health and Future Strategy​

The company maintains a strong financial standing, supported by sufficient liquidity of ₹1,316 Cr at the end of June 2026. The Net Worth stood at ₹2,140 Cr, while the Capital to Risk-Weighted Assets Ratio (CRAR) was maintained at 33.8%.

Looking ahead, Spandana plans to evaluate growing in markets where its share is currently low. The company also intends to revive underperforming branches through a dedicated task force, roll out a new Loan Origination System (LOS) platform, and launch an individual loan offering.

Q1FY27 Financial Performance Metrics​

The following table provides a comparative look at the key financial metrics for Q1FY27 against the previous quarter (Q4FY26).

Balance Sheet and Funding Status​

The balance sheet shows stability, with the company maintaining a healthy CRAR of 33.8%. Regarding funding, during Q1FY27, the company borrowed ₹1,597 Cr, compared to ₹1,272 Cr in Q4FY26.

SPANDANA Stock Price Movement​

Today, shares of Spandana Sphoorty Financial Limited rallied strongly in the post-market session, closing at ₹292.25 after gaining 4.78%. The stock saw heavy trading activity on 526,955 shares, having tested a daily high during the session of ₹298.95.