As of March 31, 2024, I am pleased to present an overview of our organization’s financial progress, highlighting our achievements and future outlook. Our growth chart indicates significant growth for each financial year, as detailed in the table below.

1. Revenue Growth :
Over the past decade, we have observed consistent improvements in member deposits, loan disbursement, and interest income. In recent years, we have witnessed a significant increase in our revenue, with a growth rate of 35%. This positive trend can be attributed to the successful launch of new loan and deposit schemes, enhanced service quality, and strategic transitions.

2. Cost Management :
We have implemented strategic cost management initiatives that have successfully reduced operational expenses by 30%. Infrastructure and software development almost completed. A little cost of maintenance is going on for the financial year 2025-26.

3. Profit Margins :
Our profit margins have improved from 7% to 15%, reflecting not only the increase in revenue but also our commitment to maintaining a lean operational model. This enhancement affirms our resilience in managing both growth and costs effectively.

4. Investment in Innovation :
Over the past years we are providing loans ₹. 21,22,25,003 Cores, among the 4671 members. We are also recognising the importance of staying at the forefront of our industry, we have allocated 12% of our revenue to research and development. This investment aims to drive innovation and position us competitively for future challenges.

5. Cash Flow Position :
Our positive cash flow has allowed us to explore new investment opportunities, ensuring long-term sustainability. As of now, our cash reserves stand at a comfortable level, providing us with the flexibility to navigate any uncertainties ahead.

6. Forecast and Future Objectives :
Looking forward, we anticipate continued growth with an expected revenue increase of 27% over the next financial year. Our objectives focus on providing the best quality financial services at an affordable cost, delivering financial benefits to our members, expanding our areas of operation, and enhancing our membership engagement strategies.

7. Welfare Funds :
Our society has established several welfare funds, including the Members Welfare Fund (MWF), Employee Welfare Fund (EWF), and Member Suraksha Scheme (MSS). These funds play a vital role in supporting our community by addressing financial needs related to medical expenses, accidents, child education, as well as fulfilling religious and cultural requirements.

8. Social Activist :
We are actively engaged in several social initiatives, including Soft Skills Development Training, the Inspiration of the Year Award, financial assistance for underprivileged students, the Clean Environment Program, and plantation and beautification projects in public spaces.

Conclusion :
Overall, the financial progress of our organization reflects our strategic efforts and the dedication of our team. As we continue to build on our successes, I remain optimistic about our future trajectory and the value we create for our stakeholders.