NBFC Ascend Capital’s FY26 Profit Up 6X YoY To ₹10 Cr, Revenue Rockets 130%

Info Edge Ventures backed NBFC Ascend Capital’s profitability improved significantly in the fiscal year FY26, growing 6.25X to ₹10 Cr from ₹1.6 Cr in FY25. As per ratings assigned by ICRA, the Jaipur-based EV-focused lender’s total income for the fiscal jumped about 131% to ₹50.3 Cr in FY26 from ₹21.8 Cr in FY25. Its total managed assets (AUM) also expanded 46% to ₹238.6 Cr from ₹163.7 Cr during the period.