Spandana Sphoorty reported strong Q1FY27 performance with Assets Under Management (AUM) growing 11% QoQ to ₹4,887 Cr, driven by ₹1,371 Cr in disbursements.

Profit after tax (PAT) surged to ₹12 Cr, up from ₹5 Cr last quarter, reflecting improved asset quality.

GNPA and NNPA improved to 3.6% and 0.7% respectively.

Net collection efficiency also rose to 95.9%. Strategic focus areas include expanding into micro markets like Maharashtra and Tamil Nadu, engaging existing and new customers, and launching an individual loan portfolio.

Operational efficiencies are being boosted by a new agile platform and a branch revival initiative.

The company is also exploring affordable LAP products.

Recent developments include an ICRA rating outlook upgrade to 'Stable' and a significant reduction in operating expenses to ₹155 Cr.

Marginal cost of borrowing improved to 11.3%. The company maintains robust liquidity of ₹1,316 Cr, supporting future growth and highlighting its healthy balance sheet.