Satin Creditcare Network Limited Q3 FY23; Revenue Increased By 20%

Satin Creditcare Network Limited (NSE: SATIN) reported Revenue from Operations for Q3 FY23 of ₹415.81 Crore up from ₹346.14 Crore year on year, a growth of 20%. The Revenue was driven by the net gain on derecognition of financial instruments which surged by 514% up to ₹90.8 Crore. Consolidated Net Profit of ₹58.7 Crore, up 75% from ₹33.5 Crore in the same quarter of the previous year. The Earnings per Share is ₹7.04 for this quarter.