Quarterly Result2 Aug 2025, 07:01 pm
Ashika Credit Capital Returns to Profitability in Q1 FY26 with 50.21 Crore PAT
AI Summary
Ashika Credit Capital Limited announced its unaudited financial results for the quarter ended June 30, 2025. The Company reported a Standalone Profit After Tax (PAT) of 50.61 crore and total revenue of ¥69.90 crore for Q1 FY26. On a consolidated basis, the Company posted a PAT of 50.21 crore and total revenue of 269.89 crore during the quarter. This strong performance was driven by improved investment performance and operational discipline.
Key Highlights
- Return to Profitability: The Company posted a consolidated PAT of 50.21 crore, recovering from the loss in the previous quarter.
- Mutual Fund Foray: Ashika Credit Capital submitted an application to SEBI for launching a Mutual Fund business.
- Entry into Insurance related business: The Company is exploring opportunities of entering into Insurance related business.
- Completion of Second Preferential Issue: The quarter witnessed the completion of the ¥116.65 crore capital infusion through conversion of outstanding warrants from the second preferential issue.
- Merger Progress: Steady progress continues on the amalgamation of Yaduka Financial Services Limited and Ashika Global Securities Private Limited with Ashika Credit Capital Limited.