Positive impactResults
Spandana Sphoorty returns to profit at Rs 18 crore in Q2FY27
Economic Times 2 hrs ago·30 Oct 2026, 4:05 pm
Spandana Sphoorty Financial has turned profitable in the second quarter of fiscal 2027, reporting a net profit of Rs 18 crore. This marks a significant turnaround from the Rs 249 crore loss it recorded in the same period last year. The microfinance lender also saw its assets under management (AUM) grow by 31% to Rs 5,364 crore, indicating increased customer trust and business expansion.
This recovery is largely driven by improved asset quality, which has led to a reduction in both gross and net non-performing assets (NPAs). For investors, the shift from a loss-making position to profitability is a positive signal of operational stability. The growth in AUM alongside better credit discipline suggests the company is managing its risks more effectively and is well-positioned to sustain this momentum in the coming quarters.
Key takeaways
- Category: Results.
- AI reads the tone as positive (potentially bullish) for the stock.
Why it matters
A routine update. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.
