FINWIRES · TerminalLIVE
FINWIRES

NSE:SATIN

3 stories mentioning NSE:SATINUpdated 44d ago

Every FINWIRES story that references NSE:SATIN, newest first.

Asia

Satin Creditcare Network's Profit Surges in Fiscal Q4 on Higher Revenue

Satin Creditcare Network's (NSE:SATIN, BOM:539404) consolidated attributable profit shot up to 1.62 billion Indian rupees in the fiscal fourth quarter ended March 31, from 218.9 million rupees a year ago.Earnings per share also climbed to 14.73 rupees from 1.99 rupees a year earlier, the financial services provider said in a filing to the Indian bourses on Monday.Revenue from operations in fiscal Q4 also increased to 9.20 billion rupees from 6.15 billion rupees a year ago.

BOM:539404NSE:SATIN
Asia

Satin Creditcare Network Raises INR2 Billion Capital; Shares Up 4%

Satin Creditcare Network (NSE:SATIN, BOM:539404) raised 2 billion Indian rupees in subordinated Tier II capital for a tenure of seven years, according to a Thursday filing to the Indian stock exchanges.The long-term tenor of the capital will help improve the company's capital adequacy and offer a buffer for expansion across its core and emerging platforms, the statement said.The company plans to use the funds raised for expanding high-impact lending segments, including income-generating loans and water, sanitation, and hygiene financing, along with supporting the growth of its subsidiaries.The company's shares were up nearly 4% in recent trade.

BOM:539404NSE:SATIN
Asia

Satin Creditcare Network Arm Launches INR2 Billion Alternative Investment Funds

Satin Growth Alternatives, a wholly-owned subsidiary of Satin Creditcare Network (NSE:SATIN, BOM:539404), has launched its alternative investment fund named SGAL-Scheme 1 after receiving approval from the Securities and Exchange Board of India, according to a Wednesday filing to the Indian stock exchanges.The 2-billion Indian rupee fund aims to invest in ventures targeting inclusion, sustainability, and impact with an average ticket size of 40 million rupees to 50 million rupees, going up to 100 million rupees.The company said it has received "strong soft commitments" for the fund and is now working towards its first close.The fund will be led by venture capital and consulting professional Shivika Sethi, who has been a partner at Satin Growth since October 2025.

BOM:539404NSE:SATIN

Track with the FINWIRES app suite