Press Release29 Apr 2024, 08:34 pm
Satin Creditcare Network Ltd Reports Highest Ever PAT of Rs. 436 Crore in FY24, AUM Nears Rs. 12,000 Crore with 30% YoY Growth
AI Summary
Satin Creditcare Network Ltd has announced its audited financial results for the quarter and financial year ended March 31, 2024. The company reported a significant increase in Assets under Management (AUM), Disbursement, Net Interest Income, Pre-provisioning Operating Profit, Profit After Tax (PAT), and Returns on Assets (RoA) and Equity (RoE). The number of branches, employees, loan officers, and clients also showed substantial growth.
Key Highlights
- Highest ever PAT of Rs. 436 Crore in FY24
- AUM inches closer to Rs. 12,000 Crore with 30% YoY growth
- 30% YoY growth in Disbursement
- 43% increase in Net Interest Income
- 80% increase in Pre-provisioning Operating Profit