Spandana Sphoorty Financial inches up on reporting 59% rise in Q3 consolidated net profit
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Spandana Sphoorty Financial is currently trading at Rs. 571.45, up by 0.30 points or 0.05% from its previous closing of Rs. 571.15 on the BSE.
The scrip opened at Rs. 588.55 and has touched a high and low of Rs. 599.70 and Rs. 554.45 respectively. So far 14774 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 650.00 on 19-Sep-2022 and a 52 week low of Rs. 288.75 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 599.70 and Rs. 512.10 respectively. The current market cap of the company is Rs. 4059.53 crore.
The promoters holding in the company stood at 63.01%, while Institutions and Non-Institutions held 28.49% and 8.50% respectively.
Spandana Sphoorty Financial has reported results for third quarter ended December 31, 2022.
The company has reported 74.36% rise in its net profit at Rs 69.27 crore for Q3FY23 as compared to Rs 39.73 crore for the corresponding quarter previous year. Total income of the company increased by 7.49% to Rs 355.43 crore for the quarter under review as compared to Rs 330.67 crore for the same quarter in the previous year.
On the consolidated basis, the company has reported 58.54% rise in its net profit at Rs 71.37 crore for Q3FY23 as compared to Rs 45.01 crore for the same quarter in the previous year. Total income of the company increased by 7.18% to Rs 375.01 crore for the quarter under review as compared to Rs 349.87 crore for the same quarter in the previous year.
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