Spandana Sphoorty Financial Limited engages in the microfinance business in India. The company provides income generation loans for low-income households; loans against the property; personal loans for business development, purchase of livestock, house construction/renovation, and other needs; gold loans for agriculture, business, and short-term liquidity needs; and interim loans, as well as business loans. It also offers loans for women to expand their existing income-generating activities, smoothening household cash flows, and acquiring productive assets. The company serves low-income customers in semi-urban and rural areas with approximately 982 branches. Spandana Sphoorty Financial Limited was founded in 1998 and is based in Hyderabad, India.
Year | Receivables | Debt | Liabilities | Assets | Current Assets |
---|---|---|---|---|---|
2023 | 912.12 M | 895.68 M | 1.16 B | 1.59 B | 1.54 B |
2022 | 564.03 M | 625.73 M | 747.34 M | 1.12 B | 1.05 B |
2021 | 2.39 M | 362.18 M | 474.14 M | 841.66 M | 590.43 M |
2020 | 1.44 M | 504.08 M | 692.93 M | 1.02 B | 650.06 M |
2019 | 2.66 M | 352.74 M | 398.47 M | 710.95 M | 440.2 M |