Net profit of Satin Creditcare Network declined 58.15% to Rs 44.69 crore in the quarter ended September 2024 as against Rs 106.78 crore during the previous quarter ended September 2023. Sales rose 22.67% to Rs 656.43 crore in the quarter ended September 2024 as against Rs 535.10 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales656.43535.10 23 OPM %50.8568.20 - PBDT68.27149.14 -54 PBT61.58143.09 -57 NP44.69106.78 -58 Powered by Capital Market - Live News

Satin Creditcare Network will hold a meeting of the Board of Directors of the Company on 8 November 2024Powered by Capital Market - Live News

Satin Creditcare Network has approved issuance of up to 750 secured, listed, redeemable, United States Dollars denominated bonds having face value of USD 10,000 each, aggregating up to USD 7,500,000, at par, in dematerialized form on a private placement basis. The deemed dated of allotment is 03 October 2024. Powered by Capital Market - Live News

Satin Creditcare Network will hold a meeting of the Board of Directors of the Company on 20 September 2024.Powered by Capital Market - Live News

Satin Creditcare Network has appointed Jyoti Davar as an Independent Director. This marks the third addition to the Board in recent times, reflecting the company`s commitment to enhancing its governance and strategic oversight. The new appointees also include - Anil Kaul, former Managing Director of Tata Capital Housing Finance, whose extensive experience with leading financial institutions such as ICICI Group, Bank Muscat SAOG, Standard Chartered Bank India, and Citibank N.A. India, brings unmatched expertise in finance and planning. He joined the Board in January 2024.Joydeep Datta Gupta, former Partner at Deloitte India and Board Member of Deloitte Asia Pacific, joined the Board in June 2024. His distinguished career in technology and digital transformation is driving SCNL`s governance model towards cutting-edge practices in risk management and operational efficiency, ensuring robust and forward-thinking oversight.Powered by Capital Market - Live News