New Delhi, May 7 (PTI) NBFC Akme Fintrade (India) Ltd on Thursday reported a 62.52 per cent surge in Profit After Tax (PAT) to Rs 12.27 crore for the three months ended March 2026, aided by growth in interest income and expansion in its vehicle finance portfolio.
The company had posted a PAT of Rs 7.55 crore in the corresponding quarter of the previous financial year.
Total income during the January-March quarter of FY26 increased to Rs 42.60 crore from Rs 29.27 crore in the year-ago period while interest income rose to Rs 40.54 crore from Rs 28.84 crore in the same period, Akme Fintrade said in a regulatory filing to the stock exchanges.
For the full financial year 2025-26, the company reported a 27.35 per cent increase in PAT at Rs 42.32 crore, compared to Rs 33.23 crore in FY25.
Total income during FY26 rose to Rs 149.10 crore from Rs 102.72 crore in the previous fiscal, while interest income increased to Rs 142.57 crore from Rs 98.58 crore.
Net interest income (NII) for FY26 rose 37.14 per cent to Rs 86.19 crore from Rs 62.85 crore in FY25.
Assets under management (AUM) grew 48.49 per cent year-on-year to Rs 918.60 crore as of March 31, 2026, driven by growth in vehicle finance, particularly in used commercial vehicles, two-wheelers and three-wheelers.
"Our AUM surpassed the Rs 900 crore milestone while the vehicle finance portfolio delivered exceptional 128 per cent year-on-year growth backed by expanded dealer networks and deeper penetration in rural and semi-urban markets," Akash Jain, CEO of Akme Fintrade said.
"With strong capital adequacy, stable asset quality and an improving funding profile following the recent ratings upgrade, we believe the company is well-positioned to sustain growth momentum in FY27," he added.
The company's capital adequacy ratio stood at 46.23 per cent at the end of FY26, while gross NPA (non-performing asset) remained stable at 2.93 per cent. SP DR
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