AAP’s latest contribution report to the Election Commission shows a sharp decline in disclosed donations, with the party reporting about ₹12.09 crore in contributions during 2025-26, down 68% from ₹38.10 crore in the previous financial year. The figures also reveal a striking concentration of funding, with two donors alone accounting for nearly 83% of the declared amount.
The Aam Aadmi Party’s financial disclosures for 2025-26 point to a dramatic contraction in its declared contributions, with the party reporting donations of around ₹12.09 crore to the Election Commission, nearly 68 per cent lower than the ₹38.10 crore disclosed a year earlier. The figures come from the contribution report filed with the poll panel and cover the first full financial year after AAP lost power in Delhi in February 2025.
The disclosure is notable not only for the decline in the overall amount but also for the concentration of the party’s funding. Prudent Electoral Trust and Trident Limited each contributed ₹5 crore, together accounting for almost 83 per cent of AAP’s declared contributions for the year. The remaining donors collectively contributed roughly ₹2.10 crore.
The filing contains 1,202 numbered entries, offering a detailed picture of the contributions reported by the party. AAP national convenor Arvind Kejriwal is listed as making three separate contributions of ₹10,000 each. Former Delhi Chief Minister Atishi made 12 payments of ₹3,500 each, taking her contribution to ₹42,000. Punjab AAP president Aman Arora made 12 payments of ₹10,000 each, for a total contribution of ₹1.20 lakh.
Among the individual donors is Ashutosh Ranka, a former AAP spokesperson who has subsequently emerged as a co-convener of the Cockroach Janta Party. Ranka contributed ₹21,100 to AAP during the financial year before taking up his position in the new political outfit.
Another significant aspect of the disclosure is the ₹5-crore contribution from Trident Limited. The company was founded by Rajinder Gupta, the Punjab-based industrialist who entered Parliament as an AAP Rajya Sabha member in 2025. Gupta and six other AAP Rajya Sabha members subsequently joined the BJP in April 2026.
The Trident contribution was made through a cheque dated January 9, when Gupta was still associated with AAP. His subsequent political switch gives the donation added significance in the party’s latest financial disclosure, although the contribution itself predates his move to the BJP.
AAP’s financial position in the latest report marks a considerable change from the previous year. Its declared contributions had climbed from ₹11.06 crore in 2023-24 to ₹38.10 crore in 2024-25. Prudent Electoral Trust had emerged as the party’s largest donor in 2024-25, contributing ₹16.40 crore.
The latest figures therefore show both a steep fall in declared contributions and a greater dependence on a small number of major contributors. At the same time, the figures should not be treated as a complete account of all money received by the party. Under the reporting framework, political parties are required to disclose details of contributions above ₹20,000 in their annual contribution reports, meaning smaller donations are not necessarily reflected in the disclosed total.
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