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Home Co-op News Snippets

Adarsh Nagari Sah Patsanstha records Rs 306 Cr growth

Parasnath by Parasnath
April 3, 2026
in Co-op News Snippets
0
Adarsh Nagari Sah Patsanstha records Rs 306 Cr growth
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Maharashtra’s Raigad based Adarsh Nagari Sahakari Patsanstha Maryadit has achieved a significant milestone by crossing Rs 1,059 crore in total business, marking a strong growth trajectory in FY 2025-26.

The society reported a record annual business growth of Rs 306.43 crore, reflecting robust expansion and rising member confidence. Deposits stood at Rs 596.88 crore, while loans reached Rs 462.32 crore, ensuring balanced and sustainable development.

Maintaining financial discipline, the institution kept its Gross NPA under tight control at just 0.99%, with Net NPA at zero. It also posted a gross profit of Rs 15.70 crore and a net profit of Rs 9.25 crore, underlining operational efficiency.

The society’s member base has grown to 58,886, highlighting increasing public trust and engagement. Strong recovery practices, effective credit management, and customer-centric schemes have driven this performance.

Founder Chairman Suresh Patil and Chairman Abhijit Suresh Patil credited the achievement to the unwavering support of members, depositors, borrowers, and staff, emphasizing that trust remains the institution’s greatest strength.

With steady growth and a clear vision, Adarsh continues to strengthen its position in the cooperative sector

Tags: Adarsh Nagari Sahakari PatsansthaBreakingcooperativeNPASuresh patil
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