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Home Co-op News Snippets

Pune’s Mahaganpati Multistate Co-op performs well

Staff Reporter by Staff Reporter
April 22, 2025
in Co-op News Snippets
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Pune’s Mahaganpati Multistate Co-op performs well
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Pune’s Mahaganpati Multistate Co-op Credit Society crossed the business mix of more than Rs 100 crore at the end of fiscal year 2024-25.

The society expressed gratitude to its customers and stakeholders for their continuous support, reinforcing its commitment to financial excellence.

As of March 31, 2025, the society reported a total capital of Rs 152.41 crore, recoverable assets of Rs 5.59 crore, and reserves & other deposits of Rs 33 lakh. Bank investments stood at Rs 13.18 crore, while working capital reached Rs 6.25 crore.

The society recorded Rs 77.24 crore in deposits and disbursed loans worth Rs 54.30 crore. Additionally, it achieved a gross profit of Rs 5.75 crore, reflecting strong financial performance.

With 11 branches operating across Maharashtra and Karnataka, the society continues to expand its reach, ensuring financial support and stability for its members.

Founder and Chairman Vikas Vitthal Bengade Patil (MBA) reaffirmed the institution’s dedication to delivering reliable and efficient financial services. Mahaganpati Multistate looks forward to another year of progress, promising sustainable growth and prosperity for its customers and stakeholders.

Tags: customersMahaganpati MSCSpunesocietyVithal Bengade Patil
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