Afcom Holdings Signs Strategic Long-Term Aviation Fuel Supply Agreement with HPCL
Afcom Holdings Limited has entered into a long-term aviation fuel supply agreement with Hindustan Petroleum Corporation Limited (HPCL). The partnership secures a steady supply of Jet A-1 fuel across HPCL's nationwide network to support the airline's expanding international cargo operations.
Afcom Holdings FY26 Net Profit Jumps 230% to ₹122 Crore on Strong Revenue Growth
Afcom Holdings Ltd reported a significant surge in profitability and revenue for FY26, driven by higher yields and fleet efficiency. The company is transitioning to a wide-body aircraft strategy to scale operations and has provided a growth guidance of at least 100% for the next fiscal year.
Afcom Holdings Raises ₹199.85 Crore via QIP for Fleet Expansion and Aircraft Leasing
Afcom Holdings Limited has successfully completed a Qualified Institutions Placement (QIP) raising ₹199.85 crore on May 05, 2026. The capital injection from institutional funds like Bandhan and Abakkus is specifically earmarked to support fleet expansion through strategic aircraft leasing.
Afcom Holdings Completes ₹199.84 Crore QIP; Allots 26.3 Lakh Shares at ₹759.72
Afcom Holdings Limited has successfully concluded its Qualified Institutions Placement, raising ₹199.84 crore through the issuance of 26,30,520 equity shares. The allotment was finalized on May 05, 2026, at an issue price of ₹759.72 per share to strengthen the company's financial position.