Spandana Sphoorty submits BRSR for FY 2025-26
SPANDANA · price
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Spandana Sphoorty Finance, an NBFC-MFI focused on microfinance to women, filed its BRSR for FY 2025-26. Key numbers: turnover 942.2 crore, net worth 2,193.75 crore, 9,405 employees across 1,321 branches in 20 states. The company onboarded 2.18 lakh new customers and supported 33,527 first-time borrowers. Employee turnover rose sharply to 95% from 56%. 17 employee fatalities were reported versus zero in FY 2024-25. Customer complaints rose to 3,326 from 1,303. No external assurance on the report.
Routine ESG disclosure under SEBI rules. Key concerns include sharply rising employee turnover and a notable jump in workplace fatalities versus the prior year.