Spandana Sphoorty in the red, posts Q3 loss of ₹394 crore; asset quality weakens

The company’s assets under management stood at ₹8,936 crore, representing a 14% YoY decline from ₹10,404 crore in Q3 FY24. Shares of Spandana Sphoorty Financial Ltd ended at ₹341.70, down by ₹17.40, or 4.85%, on the BSE.