DiGiSPICE Technologies Limited — Important, 30-05-2025: General Updates
30-05-2025 | 03:22 pm
30-05-2025 | 03:22 pm
DiGiSPICE Technologies has exited its Digital Technology Services segment to focus on Financial Technology Services through Spice Money Limited. The standalone business posted a net loss of Rs. 1.43 Cr for the quarter and Rs. 15.78 Cr for the year, impacted by investments and a Rs. 41 Cr impairment on subsidiaries. Consolidated revenue in Financial Technology Services grew, delivering an operating profit before tax of Rs. 19.27 Cr despite losses from discontinued operations and a Rs. 39.08 Cr fair value loss on DigiAsia investments. The Group is advancing consolidation with mergers and the acquisition of SpiceBulls Investments Limited.
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