India, May 29 -- On Friday, Axactor ASA (ACR.OL), a financial services company, reported lower profit for the first quarter of 2026, mainly due to a wider loss from purchased loan portfolios and lower revenue.

Profit after tax attributable to the shareholders of the parent company for the first quarter went down to 1.33 million euros or 0.004 euros per share, from 10.09 million euros or 0.033 euros per share in the same quarter in 2025.

EBITDA decreased to 22.24 million euros, from 32.35 million euros last year.

Total Revenue was 53.39 million euros, compared to 65.01 million euros in 2025.

On the Oslo Stock Exchange, the shares are currently trading 1.76 percent lower at 5.01 Norwegian Kroner.

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