Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, please find enclosed herewith the Press Release for un-audited financial results of the Company for the quarter ended 30.06.2025 ....
ASHIKA · price
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Ashika Credit Capital Ltd announced its unaudited results for Q1 FY26 (quarter ended June 30, 2025), reporting a strong turnaround from a loss in the previous quarter. Standalone Profit After Tax stood at ₹50.61 crore on total revenue of ₹69.90 crore, while consolidated PAT was ₹50.21 crore on revenue of ₹69.89 crore. The company completed a ₹116.65 crore capital infusion via conversion of warrants from its second preferential issue, strengthening its balance sheet. It also submitted an application to SEBI to launch a Mutual Fund business and is exploring entry into insurance-related services. The company has been classified as a Middle Layer NBFC by RBI, as consolidated group NBFC assets crossed the ₹1,000 crore threshold. Merger of Yaduka Financial Services and Ashika Global Securities is progressing, and a new corporate office has been set up in Mumbai.
Significant turnaround to profitability along with a large capital infusion and diversification into mutual funds and insurance could boost investor confidence and support the stock. New Middle Layer NBFC classification brings added regulatory oversight but reflects the company's growing scale.