Apollo Finvest Reports Q1 Profit of ₹2.31 Crore, Approves ₹100 Crore NCD Issuance

Apollo Finvest (India) Limited has announced its financial results for the first quarter ended June 30, 2025, along with key corporate decisions made by its Board of Directors.

Financial Performance

The company reported a profit after tax of ₹231.02 lakhs for Q1, compared to ₹235.23 lakhs in the same quarter of the previous year, marking a slight decrease in profitability. Total income for the quarter stood at ₹720.46 lakhs, down from ₹741.22 lakhs in Q1 of the previous fiscal year.

Key Financial Highlights

Corporate Actions

The Board of Directors, in their meeting held on August 07, 2025, made several important decisions:

1. Annual General Meeting: The 39th Annual General Meeting (AGM) of the company is scheduled for September 18, 2025. It will be conducted through video conferencing or other audio-visual means, in compliance with the relevant circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India.

2. Non-Convertible Debentures: The Board has approved raising funds through the issuance of Non-Convertible Debentures (NCDs) up to ₹100 crore on a private placement basis. These NCDs will have a redemption period of 3 years from the date of allotment, with an option for early redemption available to both parties.

Additional Details

• The NCDs will be unsecured or secured by movable property of the company, as mutually agreed between the parties.
• The interest rates for the NCDs will be determined at the time of issuance.
• The company's earnings per share (EPS) for the quarter stood at ₹6.19, compared to ₹6.30 in the same quarter last year.

Apollo Finvest's decision to issue NCDs indicates a strategic move to raise capital. The slight dip in quarterly profits suggests that the company is maintaining a stable financial position despite potential challenges.