Ashika Credit Capital Ltd — Results, 10-05-2025: Integrated Filing

Ashika Credit Capital Ltd. has announced a board meeting to approve the financial results for the quarter and half-year ended March 31, 2025. The company reported net losses of ₹25.89 Cr standalone and ₹51.45 Cr consolidated for the year, impacted by finance costs and impairments. Total income stood at ₹72.91 Cr standalone and ₹72.11 Cr consolidated. During the year, Ashika raised significant funds via preferential allotments and convertible warrants aggregating over ₹330 Cr, fully utilized as per the stated objectives including investments, loan repayments, and working capital. The company acquired a 51% stake in Ashika Private Equity Advisors Pvt Ltd, consolidating it as a subsidiary from January 2025. A merger scheme with Yaduka Financial Services Ltd is underway, subject to approvals. The group continues to report in a single financial services segment, with the subsidiary currently non-operational. Robust fund-raising and strategic acquisitions indicate an effort to strengthen the financial services platform despite losses.