-
Ashirwad Capital Q4 net profit falls 17% to Rs 20.9 cr
Mumbai: Ashirwad Capital on Saturday reported a 17 per cent decline in its net profit to Rs 20.9 crore for the quarter ended March 2023, mainly due to higher provisioning. The company had posted a net profit of Rs 25.2 crore in the same quarter last fiscal, Ashirwad Capital said in a regulatory filing.
-
Ashirwad Capital sees 15-20% revenue growth in FY24
Mumbai: Ashirwad Capital expects to clock a revenue growth of 15-20 per cent in the upcoming financial year 2023-24 (FY24) on the back of sustained growth in its lending business.
-
Ashirwad Capital Q3 net profit rises 30% to Rs 24.9 cr
Mumbai: Ashirwad Capital on Friday reported a 30 per cent increase in its net profit to Rs 24.9 crore for the quarter ended December 2022, on the back of higher revenue.
-
Ashirwad Capital net up 63% to Rs 13.3 crore in Q3
Ashirwad Capital reported a 63% year-on-year rise in its net profit at Rs 13.3 crore for the quarter ended December 31, 2022. The net interest income (NII) for the quarter grew 45% to Rs 23.3 crore.
-
Ashirwad Capital Q2 PAT jumps 50% to Rs 8.7 crore
Ashirwad Capital reported a 50% year-on-year jump in its net profit to Rs 8.7 crore for the quarter ended September 30, 2022. The net interest income (NII) for the quarter grew 35% to Rs 17.2 crore.
-
Ashirwad Capital raises Rs 100 crore via NCDs
Ashirwad Capital has raised Rs 100 crore through the issuance of non-convertible debentures (NCDs). The NCDs have a tenure of 10 years and will carry a coupon rate of 9.5%.
-
Ashirwad Capital raises Rs 150 crore from the United States International Development Finance Corporation (DFC) for MSME lending
The funds will be used to strengthen its loan book under the MSME sector, catering to the growing demand of small businesses.
-
Ashirwad Capital launches an affordable housing loan product tailored for the low-income population
This new product aims to provide affordable home financing options to the financially underserved individuals and families.
-
Ashirwad Capital partners with HDFC Bank to offer co-branded credit cards
The co-branded credit cards will offer a range of benefits including reward points, discounts, and cashbacks.