HOME > MARKETS > COMPANY NEWS
  COMPANY NEWS
COMPANY
Spandana Sphoorty Financial reports 22% rise in Q4 consolidated net profit
Apr-30-2024

Spandana Sphoorty Financial has reported results for fourth quarter (Q4) and year ended March 31, 2024. 

The company has reported 5.15% rise in its net profit at Rs 122.20 crore for the quarter under review as compared to Rs 116.21 crore for the same quarter in the previous year. Total income of the company increased by 32.49% at Rs 669.54 crore for Q4FY24 as compared Rs 505.34 crore for the corresponding quarter previous year. 

On consolidated basis, the company has reported 21.85% rise in its net profit at Rs 128.64 crore for fourth quarter ended March 31, 2024 as compared to Rs 105.57 crore for the same quarter in the previous year. Total income of the company increased by 33.13% at Rs 709.60 crore for Q4FY24 as compared Rs 533.01 crore for the corresponding quarter previous year. 

For the year ended March 31, 2024, the company has reported many-fold jump in its net profit at Rs 467.88 crore as compared to Rs 12.34 crore for the previous year. Total income of the company increased by 72.61% at Rs 2,406.91 crore for year under review as compared to Rs 1,394.45 crore for year ended March 31, 2023.

For the year ended March 31, 2024, on the consolidated basis, the company has reported many-fold jump in its net profit at Rs 500.66 crore as compared to Rs 12.31 crore for the previous year. Total income of the company increased by 71.56% at Rs 2,533.95 crore for year under review as compared to Rs 1,477.03 crore for year ended March 31, 2023. 


  RELATED NEWS >>