Board Also Approved Plans to Raise ₹1,000 Crore Through a Qualified Institutions Placement, Subject to Shareholders and Regulatory Approval

Ashika Global Securities has reported that its net profit in the June quarter was up 15 per cent at Rs 101 crore. Income increased by 44 per cent to ₹172 crore. The company registered record revenue and profitability, driven by strong performance across its diversified businesses said the company.

Chirag Jain, CEO said the strong financial performance reflects the resilience of diversified business model, disciplined execution and the unwavering trust of clients and stakeholders. The record performance reflects healthy growth across the Group’s businesses, supported by favourable market conditions, prudent capital deployment, and continued investments in technology and operational capabilities, he added. The company remains focused on strengthening its market position while creating sustainable value for its clients, shareholders, and other stakeholders.

With a strong balance sheet, experienced leadership team, and diversified financial services platform, the company expects to sustain its growth momentum and capitalise on the expanding opportunities in India’s financial services sector. Ashika Global Securities is a diversified Middle Layer NBFC registered with the RBI. The company focuses on making loans, advances, and strategic investments in listed and unlisted securities.