Karnataka’s Borgaon-based Shri Arihant Multistate Cooperative Credit Society Ltd has reported a strong financial performance for the year ended March 31, 2026, reflecting steady growth across key operational metrics.
The society posted a net profit of Rs 18.32 crore, while total turnover surged to Rs 11,659.74 crore, underscoring its expanding scale and business momentum.
Arihant Multistate’s working capital stood at Rs 1,862.44 crore, with deposits reaching Rs 1,726.21 crore, an indicator of sustained member trust. Its loan portfolio touched Rs 1,255.19 crore, supported by a healthy recovery rate of 95.70%, highlighting prudent lending practices and strong asset quality.
Further strengthening its balance sheet, the society reported total funds of Rs 110.89 crore and maintained investment and bank balances of Rs 617.20 crore, ensuring adequate liquidity buffers.
With a growing network of over 61 branches and a membership base of 23,342, the society continues to expand its footprint in the cooperative credit space.
Arihant Multistate offers a wide range of member-focused services, including gold loans, e-stamping, NEFT/RTGS facilities, mobile-based pigmy collection, and safe deposit lockers, enhancing accessibility and convenience.
Under the leadership of Chairman Abhinandan R. Patil, Vice Chairman Satish N. Patil, and CEO Ashok J. Bankapure, the society is steadily advancing on its guiding philosophy: “Strong. Trusted. Growing.”