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.
- Satin Creditcare Network Limited reported Total revenue for Q4 FY23 of ₹437 Crore, up from ₹363 Crore year on year depicting a growth of 20%.
- Total Expenses for Q4 FY23 of ₹140 Crore up, from ₹122 Crore year on year, a growth of 15%.
- The consolidated Net Profit of ₹99 Crore, up 74% from ₹57 Crore in the same quarter of the previous year.
- The Earnings per Share is ₹11.85, up 56% from ₹7.58 in the same quarter of the previous year.