Ashika Credit Capital Ltd — Updates, 02-08-2025: Company Update

Ashika Credit Capital reported a strong return to profitability for the quarter, with consolidated Profit After Tax reaching ₹50.21 crore and total revenue at ₹69.89 crore. The company is actively expanding its offerings, having submitted an application to SEBI for a Mutual Fund business and exploring opportunities in the insurance sector. Capital base was strengthened by completing a ₹116.65 crore infusion from a preferential issue. Mergers with Yaduka Financial Services and Ashika Global Securities are advancing, solidifying its position as a diversified Middle Layer NBFC with a new corporate headquarters in Mumbai.