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Niyogin Fintech LtdUpdates, 15-05-2025: Company Update

15-05-2025 | 09:00 pm

Niyogin Fintech Limited has announced a board meeting to approve the financial results for the quarter and half-year. The company reported a standalone net loss of Rs. 978.17 lakh for the year with total income of Rs. 78.38 Cr and total expenses of Rs. 88.16 Cr. Loans increased to Rs. 221.80 Cr from Rs. 138.59 Cr, and borrowings nearly doubled to Rs. 89.15 Cr. The consolidated results show a higher total income of Rs. 309 Cr but a loss of Rs. 22.27 Cr for the year. Key management has been re-designated to strengthen leadership, including a new Deputy CEO and Presidents for Product & Growth and Finance, reflecting a focus on scaling operations and product innovation. The audit reports were clean with no qualifications.

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