Keertana Finserv Limited, formerly Keertana Finserv Pvt. Ltd., is a non-deposit taking NBFC originally incorporated in 1996 as Rajshree Tracom Pvt. Ltd. and licensed by the RBI in 2001. After remaining largely inactive for years, the company underwent an RBI-approved management change in March 2022 and was taken over by its current promoters. It is now led by Ms. Padmaja Reddy, former MD of Spandana Sphoorthy Financial Limited. Following the takeover, Keertana acquired the gold loan portfolio of Spandana Mutual Benefit Trust and the MSME business from Spandana Rural and Urban Development Organization under a business transfer agreement dated April 4, 2022, and has since scaled rapidly across gold, MSME, and microfinance lending.
Keertana Finserv standalone net profit declines 76.65% in the September 2025 quarter
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27 weeks ago
Sales rise 24.15% to Rs 156.41 crore. Net profit of Keertana Finserv declined 76.65% to Rs 6.82 crore in the quarter ended September 2025 as against Rs 29.21 crore during the previous quarter ended September 2024. Sales rose 24.15% to Rs 156.41 crore in the quarter ended September 2025 as against Rs 125.98 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var.Sales156.41125.98 24 OPM %53.8180.01 -PBDT9.7441.65 -77 PBT6.1739.45 -84 NP6.8229.21 -77