Announced Thu, 13 Aug, 2026 · 16:38 IST
SPA Capital Q1 FY27 Results: Net Profit Up 5x, Auditor Flags Loan Issues
Price
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Price reaction
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AI summary
Board approved Q1 FY27 results on Aug 13, 2026. Net profit rose to Rs 0.96 cr from Rs 0.19 cr YoY (about 5x jump). Revenue from operations dipped slightly to Rs 10.30 cr from Rs 10.69 cr. Auditor raised two emphasis of matter: Rs 19.14 lakh interest not accrued on company loans, and Rs 3.14 cr loans given without interest treated as loss assets under NBFC rules with no provision made, overstating profit by Rs 3.14 cr.
Likely market impact
Strong profit growth, but auditor flags Rs 3.14 cr overstated profits and NBFC provisioning gaps, raising governance and asset quality concerns.