Net loss of Spandana Sphoorty Financial reported to Rs 216.32 crore in the quarter ended September 2024 as against net profit of Rs 125.19 crore during the previous quarter ended September 2023. Sales rose 12.47% to Rs 686.38 crore in the quarter ended September 2024 as against Rs 610.26 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales686.38610.26 12 OPM %-6.5460.61 - PBDT-283.16172.12 PL PBT-288.61167.51 PL NP-216.32125.19 PL Powered by Capital Market - Live News

Spandana Sphoorty Financial has received affirmation in credit ratings from ICRA at ICRA A+; Stable for term loan and non-convertible debentures of the company. Powered by Capital Market - Live News

Spandana Sphoorty Financial will hold a meeting of the Board of Directors of the Company on 28 October 2024.Powered by Capital Market - Live News

Spandana Sphoorty Financial has received credit rating from CARE Ratings for various instruments of the company as under: InstrumentsAmount (Rs crore)   Rating action Long term bank facilities 1,500 CARE A+; Stable (reaffirmed)  Non convertible debentures   200CARE A+; Stable (assigned)  Non convertible debentures   500 CARE A+; Stable (reaffirmed)  Commercial paper   100CARE A1+; Stable (reaffirmed)  Powered by Capital Market - Live News

Spandana Sphoorty Financial has approved the issuance of up-to 5,000 Secured, Senior, Redeemable, Transferable, Listed, Rated Non-Convertible Debentures having face value of Rs 1,00,000 each at premium of Rs 690.40 per debenture, on private placement basis. The date of allotment is 08 October 2024. Powered by Capital Market - Live News