Spandana Sphoorty Financial Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported revenue was INR 6,568.43 million compared to INR 3,750.07 million a year ago. Net income was INR 1,273.89 million compared to INR 713.65 million a year ago. Basic earnings per share from continuing operations was INR 17.91 compared to INR 10.05 a year ago. Diluted earnings per share from continuing operations was INR 17.6 compared to INR 10.03 a year ago.
For the nine months, revenue was INR 18,243.49 million compared to INR 9,440.2 million a year ago. Net income was INR 3,720.28 million compared to net loss of INR 932.55 million a year ago. Basic earnings per share from continuing operations was INR 52.37 compared to basic loss per share from continuing operations of INR 13.2 a year ago. Diluted earnings per share from continuing operations was INR 51.72 compared to diluted loss per share from continuing operations of INR 13.2 a year ago.