Investment25 Feb 2026, 05:02 pm
Credent Global Finance Limited raises INR 30 Crore through Qualified Institutions Placement
AI Summary
Credent Global Finance Limited, a listed Non-Banking Financial Company (NBFC), has successfully completed its Qualified Institutional Placement (QIP), raising INR 30 crore from institutional investors. The successful completion of QIP reinforces investor confidence in Credent’s evolving financial services platform and long-term growth strategy. The Company reported significant growth in revenue and profitability in Q3FY26, with a robust 775% year-on-year growth in revenue and a sharp increase of 3,773% in PAT.
Key Highlights
- Credent Global Finance Limited raises INR 30 crore through Qualified Institutions Placement
- The successful completion of QIP reinforces investor confidence in Credent’s evolving financial services platform and long-term growth strategy
- Revenue from Operations stood at INR 25.74 crore in Q3FY26, compared to INR 32.94 crore in the corresponding quarter last year, a robust 775% year-on-year growth
- PAT rose to INR 18.02 crore in Q3FY26, as against INR 30.47 crore reported in Q3 FY25, a sharp increase of 3,773% (38x growth)
- Credent Global Finance Limited announced the appointment of Vikas Kataria as Executive Director on the Board