Akme Fintrade's Impressive Growth: Profit Surges 62.5% in Q4 FY26
Akme Fintrade India Ltd reported a 62.52% increase in quarterly profit aided by growth in interest income and vehicle finance expansion. FY26 full year profit rose 27.35%, with assets under management growing by 48.49%. CEO Akash Jain highlights strong capital and asset quality as keys to ongoing success.
NBFC Akme Fintrade (India) Ltd has reported a robust 62.52% increase in Profit After Tax (PAT) for the quarter ending March 2026. The surge to Rs 12.27 crore was largely driven by significant growth in interest income and an expansion in its vehicle finance portfolio.
During the January to March quarter of FY26, total income escalated to Rs 42.60 crore from Rs 29.27 crore in the previous year's same period. Akme Fintrade saw interest income surge to Rs 40.54 crore from Rs 28.84 crore, contributing to the company's overall financial health, as noted in its regulatory filing.
The firm's CEO, Akash Jain, expressed optimism about sustaining this momentum, citing strong capital adequacy and stable asset quality as fundamentals for future expansion. Assets under management (AUM) grew by 48.49% year-on-year, mainly boosted by the vehicle finance segment, which enjoyed a 128% year-on-year growth, particularly in rural and semi-urban markets.
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