Satin CreditCare Network s net profit rose 33% to Rs 125 crore in March quarter, driven by robust growth. Assets under management increased by 34% in FY24. The company achieved its highest-ever net profit for the year.
Satin Creditcare Network, a microfinance lender, has reported a 43% year-on-year surge in standalone net profit of INR 86 crore ($11.5m) for the quarter ending in June this year. Its performance was the best it had recorded in the first quarter over the past five years. Its on-book gross non-performing
Get latest articles and stories on Latest News at LatestLY. Satin Creditcare Network on Wednesday reported a net profit of Rs 60 crore in the quarter ended June 2022 led by higher loan disbursals. Latest News | Satin Creditcare Reports Rs 60 Crore Net Profit in June Qtr.