Spandana Sphoorty Financial has reported results for second quarter ended September 30, 2022.
The company has reported net profit at Rs 49.53 crore for the quarter under review as compared to net loss of Rs 58.88 crore for the same quarter in the previous year. However, total income of the company decreased by 21.33% at Rs 293.11 crore for Q2FY23 as compared Rs 372.59 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported net profit at Rs 55.15 crore for the quarter under review as compared to net loss of Rs 57.94 crore for the same quarter in the previous year. However, total income of the company decreased by 21.72% at Rs 310.15 crore for Q2FY23 as compared Rs 396.19 crore for the corresponding quarter previous year.