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Satin Creditcare Q2 profit surges over three-fold as asset quality improves - The — Bizwire | Bizwire
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  3. Satin Creditcare Q2 profit surges over three-fold as asset quality improves - The

Satin Creditcare Q2 profit surges over three-fold as asset quality improves - The

Satin Creditcare Network reported a more than three-fold rise in consolidated net profit to Rs 176 crore in the second quarter, helped by lower microfinance provisions, portfolio growth and improved asset quality. Its gross NPA ratio improved to 1.9% from 3.5% a year earlier, signalling a recovery from earlier stress.

Satin Creditcare Q2 profit surges over three-fold as asset quality improves - The

Satin Creditcare Q2 profit gains as microfinance stress eases. Listen to this article in summarized format (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price Cholamandalam Investment Q2 net profit rises 41% on strong income growth, plans Rs 5000 crore capital raise Ahead of Market: 10 things that will decide stock market action on Wednesday Weak returns at home fuel India's overseas retail investing boom Two Trades for Today: A healthcare major for a 6.05% rise, a top passenger car maker’s stock for a gain of 6%

Sebi to review FPI compliance norms, issue consultation paper to align with global standards Sebi signs MoU with Bank of England to strengthen oversight of clearing corporations Jio debuts on D-Street: India’s biggest IPOs delivered negative returns over one month after listing. Will Jio break the curse? From 104 shareholders to nearly 80 lakh! Jio becomes India's most widely owned stock on listing day Tyre stocks: Hit by a headwind on costs, not on demand: 4 tyre stocks with upside potential of up to 29%, according to analysts

Originally published by:

Economic Times

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