Spandana Sphoorty Financial's Q3 FY 2025-26 Quarterly Results
- 28 Jan 2026
Result Summary
- Spandana Sphoorty Financial Ltd reported a 2.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 57.1%.
- Its expenses for the quarter were up by 1.3% QoQ and down 36.7% YoY.
- The net profit decreased 61.9% QoQ and decreased 78.4% YoY.
- The earnings per share (EPS) of Spandana Sphoorty Financial Ltd declined at 11.88 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 245.55 | 239.49 | 572.59 | 2.5% | -57.1% |
Total Expenses | 312.56 | 308.46 | 494.15 | 1.3% | -36.7% |
Profit Before Tax | -125.45 | -327.13 | -587.63 | -61.7% | -78.7% |
Tax | -30.45 | -77.97 | -147.39 | -60.9% | -79.3% |
Profit After Tax | -95.00 | -249.16 | -440.24 | -61.9% | -78.4% |
Earnings Per Share | -11.88 | -32.76 | -61.73 | -63.7% | -80.8% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Spandana Sphoorty Financial Ltd is a prominent player in the Indian financial services sector. The company is primarily engaged in microfinance activities and provides financial services to underserved populations, particularly in rural and semi-urban areas. As a microfinance institution, Spandana offers small-ticket loans to micro-entrepreneurs and individuals with limited access to traditional banking facilities. The company operates extensively across various states in India, contributing to financial inclusion and empowerment of economically weaker sections. Any recent major developments specific to the company are not available within the provided data.
Revenue
In the third quarter of the financial year 2026 (Q3FY26), Spandana Sphoorty Financial Ltd reported a total income of ₹245.55 crores. This marks an increase of 2.5% from the previous quarter (Q2FY26), where the total income was ₹239.49 crores. However, when compared to the third quarter of the previous year (Q3FY25), which recorded a total income of ₹572.59 crores, there is a significant year-over-year decline of 57.1%. This decrease in revenue over the year suggests substantial changes in the company's earning capabilities or market conditions over the period, although the specific causes are not detailed in the data provided.
Profitability
The profitability metrics for Spandana Sphoorty Financial Ltd show a significant improvement quarter-over-quarter. The company recorded a profit before tax of -₹125.45 crores in Q3FY26, which is a 61.7% improvement from -₹327.13 crores in Q2FY26. The profit after tax also improved by 61.9%, moving from -₹249.16 crores in Q2FY26 to -₹95.00 crores in Q3FY26. When compared to Q3FY25, the profit before tax and profit after tax have improved by 78.7% and 78.4% respectively, with Q3FY25 figures standing at -₹587.63 crores and -₹440.24 crores. Earnings per share followed a similar trend, improving from -₹32.76 in Q2FY26 to -₹11.88 in Q3FY26, which represents a 63.7% improvement quarter-over-quarter and an 80.8% improvement year-over-year from -₹61.73 in Q3FY25.
Operating Metrics
The total expenses for Spandana Sphoorty Financial Ltd were ₹312.56 crores in Q3FY26, reflecting a slight increase of 1.3% from ₹308.46 crores in Q2FY26. However, there is a significant reduction of 36.7% from the total expenses of ₹494.15 crores in Q3FY25. This indicates that the company has managed to substantially reduce its expenses over the year. The tax expenses decreased from -₹77.97 crores in Q2FY26 to -₹30.45 crores in Q3FY26, representing a 60.9% reduction quarter-over-quarter and a 79.3% reduction year-over-year from -₹147.39 crores in Q3FY25. These figures suggest a substantial reduction in operating costs and tax liabilities, although the specific reasons for these changes are not detailed in the data provided.