* - Tentative Dates
The Company intends to utilise the Net Proceeds from the Issue towards funding of the following objects:
Spandana Sphoorty Financial Limited's revenue decreased by 3% and profit after tax (PAT) dropped by 307% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 |
| Assets | 8,493.53 | 13,382.53 |
| Revenue | 2,424.09 | 2,510.78 |
| Profit After Tax | -1,035.16 | 500.72 |
| Net Worth | 2,633.29 | 3,644.89 |
| Reserves and Surplus | 2,561.74 | 3,573.30 |
| Amount in ₹ Crore | ||
Spandana Sphoorty is a non-banking financial company in India, specialized in microfinance lending. The company offers income generating loans to women in low-income rural households and also offers loan against property and nano-enterprises loans through subsidiary, Criss Financial.
It's key business activity is to offer unsecured loans to low-income group in rural and semi-urban aras.