Archive · 2 Jun 2025
Shalby, Spandana Sphoorty, and SJVN Shares Drop After Financial Setbacks
Several companies experienced financial difficulties.
Shalby's profits decreased.
Spandana Sphoorty lost a lot of money because it had less income, and SJVN also lost money.
This caused the share prices of these companies to fall.
Factors such as higher expenses impacted the bottom line.
Shares of Shalby Ltd. declined over 5% due to widened losses and lower margins.
Spandana Sphoorty Financial Ltd. reported a net loss of ₹434.3 crore for the fourth quarter.
SJVN Ltd. shares dropped 5% after reporting a net loss of ₹127.7 crore.
Spandana Sphoorty's revenue from operations decreased by 38%.
Shalby's revenue increased to ₹1,087 crore for the entire fiscal year.
- Who
- Shalby, Spandana Sphoorty, and SJVN Ltd.
- What
- Company shares declined due to financial losses.
- When
- The financial results were reported on Friday, May 30, for the quarter ending March 31, 2025.
- Where
- Not specified in the articles.
- Why
- Shalby's and SJVN's losses resulted from higher expenses and Spandana Sphoorty reported losses due to a decline in revenue and an increase in net losses.
Challenges Faced by Companies
Market Impact
Financial Performance
Challenges Faced by Companies
Shalby reported lower margins and declining revenue.
Market Impact
Spandana Sphoorty saw revenue tank 38% and SJVN posted a net loss due to higher expenses.
- Shalby - Q4 Loss
- ₹11.82 crore
- Shalby - Q4 Revenue
- ₹265 crore
- Spandana Sphoorty - Q4 Loss
- ₹434.3 crore
- Spandana Sphoorty - Revenue Decline
- 38%
- SJVN - Q4 Revenue
- ₹504.4 crore
- SJVN - Q4 Loss
- ₹127.7 crore
- Spandana Sphoorty - AUM Decline
- 43%
