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Home Co-op News Snippets

Adarsha Nagri Sah Patsanstha performs well: records low gross NPA of 0.96%

Parasnath by Parasnath
April 7, 2025
in Co-op News Snippets
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Raigad (Maharashtra)-based Adarsha Nagri Sahkari Patsanstha, Alibag, a financially stable and transparent institution, has announced its financial results for the year ending March 31, 2025.

The society not only recorded a handsome net profit of Rs 7.51 crore but also achieved an unprecedented low gross NPA of just 0.96%.

The total business turnover stood at Rs 752.77 crore, with Rs 434.66 crore in deposits and Rs 318.11 crore in loans. The society reported a gross profit of Rs 10.50 crore, along with share capital of Rs 18.46 crore. Maintaining regulatory compliance, the CRAR (Capital-to-Risk-Weighted Assets Ratio) stood at 12.74%.

With 0% net NPA and a credit-to-deposit ratio (CDR) of 66.35%, the institution showcased exceptional financial management and efficient fund utilization. Serving 42,129 members, it continues to strengthen financial inclusion and community empowerment.

The society attributes its success to the unwavering support of its members, depositors, and stakeholders. Under the leadership of Founder Suresh Patil, Chairman Abhijit Patil, Vice Chairman Kailas Jage, and CEO Minakshi Patil, Adarsha Nagri Sahkari Patsanstha remains committed to financial excellence and sustainable growth.

Tags: Adarsha Nagri Sahakari PatsansthaBreakingcooperativeGross NPA
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