More Stories

Informist, Wednesday, May 20, 2026

By Vaishali Tyagi 

NEW DELHI – Sammaan Capital Ltd. reported a consolidated net loss for the March quarter, against a profit in the corresponding quarter a year ago, owing to a significant rise in its total expenditure and a fall in total income. The non-banking financial company's consolidated net loss for the quarter was INR 81.01 billion, against a profit of INR 3.24 billion a year ago. The net loss for the quarter was impacted by a one-time cost of INR 64.99 billion. In Oct-Dec, the company's consolidated net profit was INR 3.14 billion, up nearly 4% on year. 

The company's total expenditure for the March quarter was INR 49.59 billion, up nearly 196% from a year ago. Out of the total expenditure, finance cost rose to INR 16.79 billion from 10.50 billion reported in the corresponding quarter a year ago, and the expenditure on impairment on financial instruments rose over 10 times on year to INR 29.58 billion from INR 2.89. However, its expenses on employee benefits fell nearly 9% to INR 1.84 billion. 

Total income of the company was INR 13.61 billion, down over 36% both on year and on quarter. A fall in total revenue from operation also weighed on total income of the company. It fell to INR 13.58 billion in March quarter from INR 21.07 billion reported in a year ago quarter. Other income of the company was down over 85% on year to INR 36.6 million.

For 2025-26 (Apr-Mar), Sammaan Capital's consolidated net loss widended to INR 71.45 billion from INR 18.07 billion in the previous year. The total revenue was INR 81.66 billion, down from INR 86.23 billion a year ago. Wednesday, the company's shares closed 2.6% higher at INR 141.80 on the National Stock Exchange. The company announced its earnings after market hours. 

The board approved raising up to INR 100 billion in rupees, dollars, or any other currency, from one or more eligible investors through domestic or international offerings. The fundraising may be through debentures and external commercial borrowings. These may be issued by public offer, private placement, or a combination, in one or more tranches, secured or unsecured, and listed on recognised stock exchanges in India or abroad, the company said in the filing. 

Friday, Sammaan Capital said International Holding Company PJSC is now the promoter and controlling shareholder of the company. In March, Sammaan Capital said it had received an initial tranche of INR 56.52 billion of the total INR 88.50 billion committed by IHC through its affiliate Avenir Investment RSC Ltd. Sammaan Capital had issued and allotted 330 million equity shares, 86.89 million Tranche-I warrants, and 219.80 million Tranche II warrants to Avenir Investment. 

As of Mar. 31, total assets under management of the company were INR 531.60 billion. Going forward, it expects its AUM to grow to INR 707 billion in FY27 and reach INR 1.94 trillion by FY30.  End

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

Edited by Akul Nishant Akhoury

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.

Informist Media Tel +91 (22) 6985-4000 

Send comments to feedback@informistmedia.com

© Informist Media Pvt. Ltd. 2026. All rights reserved.