Satin Creditcare Network Limited — Updates, 08-11-2024: Press Release

Satin Creditcare Network Limited reported a 16% growth in its Gross Loan Portfolio and a 30% increase in total revenue, reaching Rs. 1,292 crore for H1 FY25. Despite challenges, the company maintains a strong capital adequacy ratio of 28.8% and healthy liquidity. The profit after tax (PAT) decreased by 23% year-on-year. Looking ahead, Satin revises its annual AUM growth forecast to 8-10% amid evolving market conditions.