Satin Creditcare Network Limited is a non-banking finance company (NBFC), licensed by the Reserve Bank of India. It was founded in 1990 by Mr. H P Singh. The company’s offers financial requirements for excluded households at the bottom of the pyramid. Satin Creditcare Network Limited is a micro-finance institution (MFI) in the country with presence in 23 states and more than 82,000 villages.
Financial Results:
Satin Creditcare Network Ltd reported Revenues for Q2FY24 of ₹538.00 Crores up from ₹360.00 Crore year on year, a rise of 49.44%.
Total Expenses for Q2FY24 of ₹396.00 Crores up from ₹287.00 Crores year on year, a rise of 37.98%.
Consolidated Net Profit of ₹107.00 Crores up 87.72% from ₹57.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹10.72, up 48.27% from ₹7.23 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.