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AAP's donation receipts fall sharply in 2025-26 fiscal year

The Aam Aadmi Party's fundraising has declined significantly in the first full financial year following its loss of power in Delhi in February 2025. The party's latest filing reveals contributions from a former MP's company and other notable donors despite the electoral setback.

LSN India · 29 September 2026

AAP's donation receipts fall sharply in 2025-26 fiscal year

The Aam Aadmi Party's donation receipts have experienced a substantial drop in the 2025-26 financial year, according to the party's latest regulatory filing submitted to election authorities. The decline marks the first complete fiscal period since the party lost control of the Delhi assembly in February 2025, ending its 10-year governance in the capital.

The party's detailed filing contains 1,202 numbered donation entries, documenting contributions from various sources across the country. Among the donors listed is a company associated with a former AAP MP who subsequently joined the Bharatiya Janata Party, signalling potential shifts in political allegiances among the party's earlier supporters.

Despite the electoral setback in Delhi, AAP continues to maintain its government in Punjab, where several major donors are based. The party has been working to consolidate its position in the state while rebuilding its organizational structure and fundraising mechanisms following its loss of power in the national capital.

The donation figures reflect broader challenges facing regional political parties in sustaining financial contributions after electoral defeats. AAP's fundraising performance will be closely watched by observers as the party navigates its current phase and prepares for upcoming electoral contests in other states.