Satin Creditcare Network Q2 results: Profit rises 19% on steady loan growth

Satin

Creditcare Network Ltd on Monday reported a 19% rise in consolidated net profit to ₹53.16 crore for the September quarter, compared with ₹44.7 crore a year earlier.

The New Delhi-based microfinance lender said its total income grew 20% to ₹788 crore from ₹657 crore.

The company maintained strong asset quality, with portfolio-at-risk (PAR 90) at 3.5% as of Sept 30, according to an exchange filing. Capital adequacy stood at 26.3%, supported by a healthy liquidity buffer of about ₹2,300 crore.

Satin Creditcare marked its 17th consecutive profitable quarter, reflecting consistent business performance despite a challenging credit environment. The company expanded its footprint to 31 states and union territories, opening 162 new branches in the first half of the fiscal year.

Chairman and Managing Director H.P. Singh said revenue rose 21% year-on-year to ₹793 crore, aided by “healthy credit demand and prudent asset management.” Net interest income grew 15% to ₹449 crore, while net interest margin improved by 90 basis points to 14%.

Satin also introduced Natural Calamity Insurance for new disbursements starting September 2025 and strengthened credit guardrails to reduce borrower overexposure.

Subsidiary units,  Satin Housing Finance and Satin Finserv, posted 20% and 49% year-on-year AUM growth respectively, while Satin Technologies and Satin Growth Alternatives, its recently launched arms, aim to boost digital lending and MSME financing, with a focus on women-led and ESG-linked enterprises.

Shares of the company ended 1.3% lower on the BSE today, at a price of ₹157.20.