Spandana Sphoorty reported a Q4 FY26 PAT of INR5 crores, a significant turnaround from a INR95 crore loss in Q3, driven by improved collections and opex reduction.
AUM grew 12% QoQ to INR4,420 crores, with monthly disbursements reaching INR500 crores and X-bucket collection efficiency at 99.7% for the new book.
Management provided FY27 guidance targeting INR6,500 crores AUM exit and outlined plans for a new individual loan product and LOS platform migration.
The company discussed industry guardrails, customer acquisition targets of 7 lakh new borrowers, and maintaining a capital adequacy ratio of 35.9%.