Announced Thu, 23 Jul · 17:28 IST
Q1 FY27 Results: Spandana Returns to Profit at Rs 16 Cr, New Chairperson Named
SPANDANA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-10.5%1-day move
₹297.00
prior close
₹288.00
base price
After-mkt
timing
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-1.4-2.4-3.2-8.7-10.5—————————
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AI summary
Spandana Sphoorty posted standalone PAT of Rs 16.09 cr in Q1 FY27 vs Rs 328.91 cr loss last year, a sharp turnaround. Revenue from operations was Rs 261.55 cr, broadly flat YoY. Board appointed Ms Dipali Hemant Sheth as Non-Executive Chairperson. Auditors B S R & Co. LLP gave a clean limited review. Capital adequacy was 28.65% with Stage III assets at 2.91%.
Likely market impact
Return to profit signals business recovery after heavy losses. Strong capital adequacy and contained bad loans are positives.