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IndoStar Capital Finance consolidated PAT for FY25 ₹120.5 Crore, AUM up 26%, Disbursement up 17%

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FY25 Annual Performance (Consolidated):

AUM at ₹11,053 crore, up 26% from ₹8,763 crore in FY24 and up 4% from ₹10,625 crore in Q3 FY25Focus Retail AUM (CV + HFC) ~ ₹10,492 crore; up 33% from ~ ₹7,864 crore in FY24Disbursements (CV + HFC) of ₹6,374 crore, up 25% from ₹5,081 crore in FY24

Q4 FY25 Highlights (Standalone – ICF):

AUM at ₹7,963 crore, up 1% QoQ from ₹7,877 crore in Q3 FY25 and up 23% from Q4 FY24VF AUM at ₹7,401 crore, up 1% QoQ from ₹7,303 crore in Q3 FY25 and up 32% from Q4 FY24VF Disbursements at ₹1,046 crore, down 24% from ₹1,383 crore in Q4 FY24Debt/Equity Ratio at 2.03xGross Stage 3 assets at 4.52% for Q4 FY25Net Stage 3 assets are at 2.46% for Q4 FY25Strong Capital Adequacy at 28.46%

Q4 FY25 Highlights (Subsidiary – Niwas Housing Finance Private Limited “NHFPL” formerly known as IndoStar Home Finance Private Limited):

AUM at ₹3,091 crore, up 12% QoQ from ₹2,748 crore in Q3 FY25, and up 36% from Q4 FY24Disbursements at ₹455 crore up 50% from ₹302 crore in Q4 FY24Debt/Equity Ratio at 3.43x timesGross Stage 3 assets at 1.35% for Q4 FY25Net Stage 3 assets at 0.90% for Q4 FY25Strong Capital Adequacy at 49.80%, on a standalone basis

MUMBAI, India, April 30, 2025 /PRNewswire/ — IndoStar, a middle-layered non-banking finance company (NBFC) registered with the Reserve Bank of India, announced its financial results for the quarter ended and year ended March 31st, 2025, earlier today.

The company’s AUM at ₹11,053 crore, is up 4% QoQ from ₹10,625 crore in Q3 FY25. At a consolidated level, the Company delivered a PAT of ₹36 crore for Q4 FY25.

Progress on key initiatives is as under:

NHFPL acquisition approval from RBI: On March 21, 2025, RBI accorded its approval for the acquisition of shareholding of up to 100% of the paid-up equity capital of NHFPL by WITKOPEEND B.V., an affiliate of BPEA EQT Mid-Market Growth Partnership (“EQT”), a global private equity investor. The closing of the transaction remains subject to completion of relevant customary conditions.

Change in Management:

IndoStar made certain changes in its board composition, including:Ms. Naina Krishna Murthy, appointed as Chairperson of the Board (w.e.f. March 5, 2025);Mr. Bobby Parikh, re-appointed to the Board as Non-Executive and Non-Independent Director (w.e.f. March 5, 2025); andMs. Sujatha Mohan, appointed as Independent Director (w.e.f. April 21, 2025)

          These changes were made with a view to augmenting the Board’s oversight in key areas such as technology and owing to the completion of the term of Mr. Bobby Parikh as Chairman and Independent Director.

Sale of Stressed Pool: On March 29, 2025, IndoStar sold a pool of assets from its Commercial Vehicle business, aggregating to dues outstanding worth ₹90.6 crore to Assets Care & Reconstruction Enterprise Limited (“ACRE”).

IndoStar Capital Finance Limited (“ICFL”) (Standalone) Financial performance

ICFL delivered a PAT of ₹12 crore in Q4 FY25. The AUM for ICFL stands at ₹7,963 crore out of which the retail vehicle finance business is ₹7,401 crore. Disbursements during the quarter stood at ₹1,081 crore, down 26% from ₹1,465 crore in Q4 FY24. The company’s Gross Stage 3 reduced to 4.52% in Q4 FY25 and Net Stage 3 is at 2.46%. The company maintained a strong Capital Adequacy Ratio (CAR) of 28.46% on a standalone basis. Debt equity ratio stood at 2.03x.

Niwas Housing Finance Private Limited (“NHFPL”) (Standalone) Financial Performance

NHFPL delivered a PAT of ₹24 crore in Q4 FY25 aided by AUM growth and securitization transactions. The AUM in NHFPL stands at ₹3,091 crore in Q4 FY25, up 36% from ₹2,270 crore in Q4 FY24. NHFPL continues to deliver on its core strategy of providing affordable housing loans in semi-rural and rural markets, while maintaining healthy asset quality. The company reported Gross Stage 3 assets at 1.35%. NHFPL has a Capital Adequacy Ratio (CAR) of 49.80%.

Key Performance Highlights (ICF Standalone):

Particulars (₹ in crore)

Q4 FY25

Q3 FY25

Q-o-Q %

Q4 FY24

Y-o-Y %

FY25

FY24

Y-o-Y %

Net Revenue from operations

181.3

180.5

0.4 %

234.0

(22.5 %)

671.6

544.1

23.4 %

Operating expenses

(119.5)

(121.2)

(1.4 %)

(112.3)

6.4 %

(481.5)

(389.4)

23.6 %

Pre-provision operating profit

61.8

59.4

4.1 %

121.7

(49.2 %)

190.1

154.7

22.9 %

Profit after tax

12.4

11.4

8.9 %

19.6

(36.5 %)

52.6

71.6

(26.6 %)

CAR (%) Standalone

28.5 %

28.5 %

28.9 %

28.5 %

28.9 %

Leverage (D/E)

2.0x

2.0x

2.0x

2.0x

2.0x

Key Performance Highlights (NHFPL Standalone):

Particulars (₹ in crore)

Q4 FY25

Q3 FY25

Q-o-Q %

Q4 FY24

Y-o-Y %

FY25

FY24

Y-o-Y %

Net Revenue from operations

74.4

60.3

23.5 %

50.4

47.7 %

238.0

182.8

30.2 %

Operating expenses

(36.7)

(33.9)

8.4 %

(28.9)

27.2 %

(132.4)

(119.6)

10.7 %

Pre-provision operating profit

37.7

26.4

42.9 %

21.5

75.1 %

105.6

63.2

67.2 %

Profit after tax

23.7

16.3

45.9 %

15.7

51.4 %

67.8

44.1

53.7 %

CAR (%) Standalone

49.8 %

52.6 %

57.3 %

49.8 %

57.3 %

Leverage (D/E)

3.4x

3.0x

2.6x

3.4x

2.6x

About IndoStar Capital Finance Limited

IndoStar is a non-banking finance company (NBFC) registered with the Reserve Bank of India classified as a middle layered NBFC. With Brookfield & Everstone as co-promoters, IndoStar is a professionally managed and institutionally owned entity engaged in providing used and new commercial vehicle financing and affordable Home Finance through its wholly owned subsidiary, Niwas Housing Finance Private Limited. For more information, visit www.indostarcapital.com.

(BSE: 541336) | (NSE: INDOSTAR) | (ISIN: INE896L01010) | CIN: L65100MH2009PLC268160 

Safe Harbor

This document is to provide the general background information about the Company’s activities as at the date of the release. The information contained herein is for general information purposes only and based on estimates and should not be considered as a recommendation that any investor should subscribe / purchase the company shares. The Company makes no representation or warranty, express or implied, as to, and does not accept any responsibility or liability with respect to, the fairness, accuracy, completeness or correctness of any information contained herein. This release may include certain forward-looking statements. These statements include descriptions regarding the intent, belief or current expectations of the Company or its directors and officers with respect to the results of operations and financial condition of the Company. These statements can be recognized by the use of words such as ”expects”, “plans”, ‘will”, “estimates”, “projects”, or other words of similar meaning. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ materially from those in such forward-looking statements as a result of various factors and assumptions which the Company believes to be reasonable in light of its operating experience in recent years. The risks and uncertainties relating to these statements include, but not limited to, risks and uncertainties, regarding fluctuations in earnings, our ability to manage growth, competition, our ability to manage our international operations, government policies, regulations, etc. The Company does not undertake any obligation to revise or update any forward-looking statement that may be made from time to time by or on behalf of the Company including to reflect actual results, changes in assumptions or changes in factors affecting these statements. Given these risks, uncertainties and other factors, viewers of this release are cautioned not to place undue reliance on these forward-looking statements. This release may contain certain currency exchange rates and the same have been provided only for the convenience of reader.

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Pastor Dino Rizzo Marks 100 Days to Serve Day Ahead of Global Outreach Initiative

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Pastor Dino Rizzo highlighted the milestone of 100 days until Serve Day 2026, as thousands of churches prepare to serve their communities through coordinated acts of kindness on July 11.

BIRMINGHAM, Ala., April 18, 2026 /PRNewswire/ — Pastor Dino Rizzo joined church leaders and teams on April 2 to mark 100 days until Serve Day 2026, a global outreach initiative set for July 11. The milestone brings together more than 2,900 churches preparing to serve their local communities through practical acts of kindness and outreach.

Serve Day, led by many churches within the Association of Related Churches, provides a coordinated opportunity for churches worldwide to engage their cities and demonstrate their faith through service. Pastor Dino Rizzo, who serves as Executive Director of ARC, emphasized the significance of the initiative as both a single-day event and a broader movement.

“Serve Day provides churches across the world with opportunities to serve their local communities and share the love of God through practical acts of kindness,” Rizzo said. “Our hope is that serving others becomes our focus throughout the year.”

The April 2 milestone reflects growing participation and anticipation among churches globally. Leaders are currently equipping teams, organizing projects, and connecting with local communities in preparation for July. Churches that join the initiative gain access to resources, including the Serve Day playbook, monthly leadership calls, and a private online community designed to support collaboration and planning.

Pastor Dino Rizzo has long championed the role of service within the church through the Servolution movement. Introduced through his 2009 book Servolution: Starting a Church Revolution Through Serving, the concept calls churches to embed serving into their culture rather than limit it to occasional events. The message has since influenced hundreds of churches across multiple countries, including the United States, Peru, New Zealand, and Poland.

“Serving is not just about an event. It is about building a culture where meeting needs and reaching people becomes part of who we are,” Rizzo has shared in previous teachings, reinforcing the long-term vision behind initiatives like Serve Day.

In addition to leading Serve Day, Pastor Dino Rizzo continues his work with ARC, which has planted over 1200 churches and continues to train and equip new church leaders. His involvement in conferences, leadership development, and global outreach initiatives reflects a consistent focus on sustainable church growth and community impact.

Churches interested in participating in Serve Day 2026 can learn more through ARC’s official website and access resources designed to support local outreach efforts.

About Pastor Dino Rizzo

Pastor Dino Rizzo is a pastor, author, and church leader known for his emphasis on service, leadership, and healthy church culture. He serves as Executive Director of the Association of Related Churches, an organization that has helped launch hundreds of churches worldwide. Rizzo is also the author of Servolution, a book that has inspired a global movement centered on serving others as a core expression of faith.

Media Contact
Organization: Mercury News Media
Email: info@mercurynewsmedia.com
Phone: 303 800 6186
Website:
https://www.mercurynewsmedia.com/
Contact Name: Jessica Brown

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WOMEN in the Spotlight! The 2026 Yiwugo Top Boss Ladies Awards Gala Held

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YIWU, China, April 18, 2026 /PRNewswire/ — Yiwugo.com, the official website of the Yiwu Commodity Market, is the largest commodity wholesale market in the world. In the bright and warm days of April, with spring in full bloom, the grand ballroom on the third floor of the Yiwu Marriott Hotel was a vibrant gathering. Outstanding female entrepreneurs from various sections of the Yiwu Market gathered in their elegant attire to share the glorious moment of the 2026 Yiwugo Top Boss Ladies Awards Gala. The selection campaign, launched on March 8, attracted thousands of female entrepreneurs from the Yiwu Market. Voting was conducted across the Yiwugo app, official WeChat accounts, and the website. The evaluation criteria continued to cover multiple dimensions, including Business Excellence and Image Excellence, aiming to fully showcase the achievements of Yiwugo’s female entrepreneurs and their enterprises in areas such as digital transformation, overseas market expansion, and global supply chain integration.

Ultimately, the title of 2026 Yiwugo Top Boss Ladies was awarded to: Fu Jiangyan (Zhangweichao Socks Firm), Xu Xiaohui (Little Bee Towels), Peng Jirong (Dongyang Jirong Plastic Industrial Co., Ltd), Li Chuanzhi (Chengfa Tableware Firm), Wang Xiaohong (Yiwu Aishang Daily Necessities Factory), Bao Qiaoli (Bole Plush Pendant Toy), Li Hong (Yiwu Hanbang Daily Necessities Firm), Wu Yajun (Ziyi Stationery Firm), Wang Chunxing (Butterfly Fly Lace Firm), and Zheng Huili (Yiwu Lihong household products Co., Ltd).

In addition, twenty other entrepreneurs, including He Wenjuan (Zhihua Jewelry Box), Jin Chengfeng (Lanmo Textile Co., Ltd), Cui Yanping (Xin Tai Yang Shower Curtain And Towel Factory), and Zhang Huoqing (Happy Sisters Plush Toy), received the Top Boss Ladies Nomination award.

“Women hold up half the sky” – nowhere is this more evident than in the Yiwu Market. To showcase the entrepreneurial spirit and “she-power” of female business owners in the market, Yiwugo launched the Top Boss Ladies Awards in 2016. To date, this campaign has been held for 11 consecutive years, becoming one of the benchmark activities in the Yiwu Market.

Over the years, driven by this campaign, participating female entrepreneurs have become increasingly active, with nearly 700 Top Boss Ladies recognized. They have not only steadfastly managed their shops but have also leveraged their unique empathy and customer insight as female entrepreneurs to drive comprehensive brand upgrades, from product innovation to communication methods, breathing new life into traditional brands in the new era.

Amid the surging digital wave, artificial intelligence is reshaping industries at unprecedented speed and scale. This year’s Top Boss Ladies winners and nominees have bravely stepped into the spotlight, keeping pace with the times, actively embracing evolving business models and technological change. By replacing experience with data, using digital platforms to break geographical boundaries, and leveraging digital intelligence to break through development bottlenecks, they are driving a transition from OEM exports to global branding.

Fu Jiangyan of Zhangweichao Socks Firm is a typical example. Having shifted from initially waiting for customers to now skillfully using AI tools and mastering live streaming and short videos, she has used the platform as a lever to swiftly move her traditional foreign trade enterprise into a new stage of digital-intelligent trade, applying new technologies and business models to enhance enterprise development.

This year marks the 20th anniversary of the introduction of the Yiwu Development Experience. Over the past two decades, the Yiwu Market has completed its iterative upgrade from market stalls to a global digital trade center. Generations of business owners have transformed from street stall vendors into modern commercial entities, achieving a deep integration of personal growth with the market’s development. Yiwugo, always in sync with the rhythm of the Yiwu Market, will continue to focus on its female entrepreneurs, constantly uncovering their vivid and dynamic stories of striving, thoughtfully documenting the journeys of these resilient women who shine in their own quiet ways, and witnessing, supporting, and accompanying their growth and success.

As a local e-commerce platform rooted in and serving the market, Yiwugo will continue to gain deeper insights into user needs, strengthen its technological capabilities, explore cutting-edge applications, and accelerate product iteration. Amid a volatile external environment, it will connect market entrepreneurs with more global resources, helping them expand into broader international markets.

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KTGHR leverages AI-powered real-time transaction capabilities to expand its e-commerce infrastructure, reshaping the engine of enterprise growth.

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DALLAS, April 18, 2026 /PRNewswire-PRWeb/ — Against the backdrop of artificial intelligence continuously reshaping the global business landscape, KTGHR officially launched its new B2B AI-powered intelligent solution for enterprises, dedicated to helping them achieve comprehensive upgrades in cost reduction and efficiency improvement, precise customer acquisition, and intelligent operations.

KTGHR Launches New B2B AI Solution, Reshaping the Engine of Enterprise Growth

As an innovative platform focused on the deep integration of AI technology and business scenarios, KTGHR’s newly released system integrates core functions such as intelligent data analysis, AI-automated marketing, customer behavior prediction, and intelligent customer service. This enables enterprises to make rapid decisions in a complex and ever-changing market environment, achieving sustained business growth.

AI-Driven Precise Customer Acquisition, Comprehensively Improving Conversion Efficiency KTGHR uses advanced algorithm models to conduct in-depth analysis of global market data, helping enterprises accurately target potential customer groups. The system can automatically generate high-conversion marketing content and intelligently distribute it through multiple channels, significantly improving customer reach and conversion rates, enabling enterprises to truly achieve “automated customer acquisition.”

Intelligent Operation System, Relieving Pressure on Human Resource Costs With AI-automated processes, KTGHR can intelligently handle order management, customer follow-up, and data statistics, reducing manual intervention and improving overall operational efficiency. Enterprises can complete global business layouts without a large team.

Integrated B2B Ecosystem, Connecting the Global Supply Chain KTGHR is not just an AI tool platform, but a complete B2B ecosystem. By integrating supply chain resources and intelligent matching mechanisms, it achieves efficient connections between supply and demand, helping companies rapidly expand into international markets and build a borderless business network.

Technology Empowering the Future, Driving Enterprise Digital Transformation KTGHR states that it will continue to increase investment in artificial intelligence, promoting the implementation of more innovative functions to help companies seize opportunities in the digital economy era. With the continuous maturation of AI technology, the B2B industry is ushering in unprecedented development opportunities.

The launch of KTGHR is not only a technological upgrade but also a revolution in business models. For companies seeking breakthroughs and growth, this may be a key step towards the next stage of success.

KTGHR leverages advanced AI algorithms and big data analytics capabilities to achieve a leap from “information matching” to “intelligent decision-making.” The platform can automatically match supply and demand, accurately recommending high-potential partners, significantly reducing the time and cost for companies to find customers and supply chain resources.

By intelligently analyzing market trends and user behavior, KTGHR helps businesses anticipate opportunities, making every transaction more efficient and precise.

End-to-End Intelligent Management, Creating a Seamless Business Ecosystem

KTGHR is not just a transaction platform, but a complete AI business ecosystem. Its core functions include:

AI-powered Intelligent Customer Matching and RecommendationReal-time Data Analysis and Business ForecastingAutomated Order and Supply Chain ManagementSeamless Global Market Connection

Whether you are a small or medium-sized enterprise (SME) or a large multinational corporation, you can achieve digital transformation and global expansion through KTGHR.

Cost Reduction and Efficiency Improvement, Unleashing Business Growth Potential In the traditional B2B model, high communication costs, information asymmetry, and low conversion rates have long been problems. KTGHR, through AI-automated processes, significantly reduces human intervention, helping businesses: Reduce operating costs Increase conversion rates Shorten transaction cycles Enhance customer experience Allow businesses to truly focus on core business and strategic growth.

Seize the AI Business Opportunities and Win the Future As artificial intelligence technology matures, the B2B industry is entering a new era of “intelligent-driven” growth. KTGHR stands at the forefront of this transformation, providing businesses with a sustainable competitive advantage. Choosing KTGHR is not just choosing a platform, but choosing a high-speed gateway to the future of business. For more information, please visit the official KTGHR platform and begin your AI-powered business journey.

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William, Ktghr.com, 1 +14255550100 99762, service@ktghr.it.com, Ktghr.com

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