DiGiSPICE Technologies Limited — Board Meeting, 23-05-2025: Outcome of Board Meeting

DiGiSPICE Technologies has announced a board meeting approving audited consolidated results for the quarter and year ended March 31, 2025. The group posted revenue of Rs. 448.48 Cr from continuing operations but recorded a loss before tax of Rs. 26.05 Cr. The discontinued Digital Technology Services segment added a pre-tax loss of Rs. 5.40 Cr. Net loss after tax was Rs. 138.89 Cr, weighed down by a Rs. 39.08 Cr fair value loss on investments, mainly DigiAsia. The focus remains on FinTech via Spice Money, which generated Rs. 116.81 Cr in revenue. The board abandoned plans to acquire SpiceBulls Investments. Post-year, an additional 1.94% stake in Spice Money was acquired, and Spice Digital FZCO was wound up.