Spandana Sphoorty Financial Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported revenue was INR 3,750.07 million compared to INR 3,498.72 million a year ago. Net income was INR 713.65 million compared to INR 450.14 million a year ago. Basic earnings per share from continuing operations was INR 10.05 compared to INR 6.99 a year ago. Diluted earnings per share from continuing operations was INR 10.03 compared to INR 6.97 a year ago.
For the nine months, revenue was INR 9,440.2 million compared to INR 11,809.62 million a year ago. Net loss was INR 932.55 million compared to net income of INR 410.23 million a year ago. Basic loss per share from continuing operations was INR 13.2 compared to basic earnings per share from continuing operations of INR 6.37 a year ago. Diluted loss per share from continuing operations was INR 13.2 compared to diluted earnings per share from continuing operations of INR 6.35 a year ago.