Ashika Credit Capital expands services, reports Q2 FY26 results

Ashika Credit Capital's board has approved the incorporation of wholly-owned subsidiaries for wealth management and advisory, insurance, and custodial services. These moves are contingent on regulatory approvals and will be funded by 100% cash subscriptions. The board also approved exploring business opportunities in the IFSC Unit, GIFT City, Gujarat.

For the half-year ended September 30, 2025, Ashika Credit Capital reported a standalone profit after tax of INR 1,132.76 lakhs, with total revenue from operations at INR 8,801.17 lakhs. Consolidated profit after tax for the same period was INR 1,098.03 lakhs, from total revenue of INR 8,798.13 lakhs. The company reported basic earnings per share of INR 16.31 for standalone results and INR 16.22 for consolidated results for the half-year.

A proposal for acquiring an additional 24.5% stake in Ashika Private Equity Advisors Pvt. Ltd. has been withdrawn. The board also re-constituted the Merger & Acquisition Committee. No deviation or variation was reported in the utilization of funds raised as of September 30, 2025.