Arohan Financial Services, a leading microlender, announced a remarkable 377 percent increase in its net profit for the fourth quarter of the 2023-24 fiscal year. The company’s net profit surged to Rs 103.16 crore, a significant rise from Rs 21.62 crore in the same period last year.

The impressive growth in net profit is attributed to the robust performance and strategic initiatives undertaken by Arohan Financial Services. The company’s gross loan portfolio exceeded Rs 7,112 crore, reflecting its strong presence and growth in the microfinance sector. Additionally, Arohan maintained a zero net Non-Performing Asset (NPA) status, showcasing its effective risk management and collection strategies.

Arohan Financial Services continues to play a pivotal role in providing financial services to underserved segments of society, promoting financial inclusion, and supporting economic growth. The substantial increase in net profit underscores the company’s commitment to sustainable growth and its ability to navigate the challenges in the microfinance sector.

The positive financial results reinforce Arohan’s position as a key player in the microfinance industry and its dedication to empowering individuals and communities through accessible financial services. The company aims to further expand its reach and impact, driving financial inclusion across the country.

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About Arohan Financial Services:

Arohan Financial Services is one of India’s leading microfinance institutions, dedicated to providing financial services to low-income households and underserved communities. The company offers a range of financial products, including microloans, to support entrepreneurship and improve the economic well-being of its clients. With a focus on responsible lending and financial inclusion, Arohan continues to make a significant impact on the lives of millions across the country.