Satin Creditcare Network has reported results for second quarter ended September 30, 2022.
The company has reported over 4- fold jump in its net profit at Rs 54.62 crore for Q2FY23 as compared to Rs 11.68 crore for the corresponding quarter previous year. Total income of the company increased by 8.81% to Rs 325.05 crore for the quarter under review as compared to Rs 298.72 crore for the same quarter in the previous year.
On the consolidated basis, the company has reported 5- fold jump in its net profit at Rs 57.20 crore for the quarter under review as compared to Rs 10.95 crore for the same quarter in the previous year. Total income of the company increased by 10.67% to 360.70 crore for the quarter under review as compared to Rs 325.91 crore for the same quarter in the previous year.
