Nihar Info Global Ltd — Important, 01-10-2025: Company Update
01-10-2025 | 01:14 pm
01-10-2025 | 01:14 pm
Nihar Info Global achieved robust revenue growth, with standalone revenue up 51.82% to 4.83 Cr and consolidated revenue surging 140.41% to 7.72 Cr. While reporting a net loss of 3.57 Cr, management highlighted this was primarily due to a 6.57 Cr balance sheet cleanup over two years, including legacy asset write-offs. Subsidiaries Life 108 Healthcare (3.47 Cr turnover, +300%) and BeastBells Media (11.27 Cr turnover, +200%) significantly contributed. To fund aggressive growth, the company proposes a Rights Issue exceeding 210 Cr, alongside increasing authorized share capital, to expand e-commerce fulfillment and invest in its growing healthcare and media ventures. No dividend was declared to bolster working capital.
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