Abans Financial Services posts 35% profit jump in Q1

Abans Financial Services Limited reported net profit of INR 32.69 crores for Q1 FY26, up 35% quarter-on-quarter and year-on-year. Consolidated revenues reached INR 1,895 crores with EBITDA of INR 52.8 crores.

The company's assets under management hit INR 3,500 crores for the first time, with INR 1,300 crores through distribution networks. Fee-based investment services generated INR 165 crores revenue in FY25.

Future plans include entering merchant banking and launching structured credit and global investment products through platforms in the U.K., Mauritius, and GIFT City.