Spandana Sphoorty Financial Ltd posts Rs. 219.77 crores consolidated loss in Q1FY23

Spandana Sphoorty Financial Limited has reported Consolidated financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 258.864 crores during the period ended June 30, 2022 as compared to Rs. 299.073 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. -219.771 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 28.445 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. -31.42 for the period ended June 30, 2022 as compared to Rs. 4.33 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 258.864 crs	₹299.073 crs	-13.44%
Net Profit	₹-219.771 crs	₹28.445 crs	-872.62%
EPS	₹-31.42	₹4.33	-825.64%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 258.864 crores during the period ended June 30, 2022 as compared to Rs.434.899 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.-219.771 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.53.946 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.-31.42 for the period ended June 30, 2022 as compared to Rs.8.36 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 258.864 crs	₹434.899 crs	-40.48%
Net Profit	₹-219.771 crs	₹53.946 crs	-507.39%
EPS	₹-31.42	₹8.36	-475.84%

Shares of Spandana Sphoorty Financial Limited was last trading in BSE at Rs. 423.70 as compared to the previous close of Rs. 436.90. The total number of shares traded during the day was 8592 in over 1014 trades.

The stock hit an intraday high of Rs. 442.00 and intraday low of 418.00. The net turnover during the day was Rs. 3684236.00.

Source : Equity Bulls

Keywords

SpandanaSphoortyFinancial Q1FY23 ResultUpdate