1. The Unaudited Financial Results (Consolidated & Standalone) along with the Limited Review Report for the quarter ended 30th June, 2025; 2. Quarterly Business Review report. The Board ....
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Nihar Info Global's board, meeting on August 13, 2025, approved its unaudited consolidated and standalone results for Q1 FY26 (quarter ended June 30, 2025) along with the auditor's limited review report. Standalone turnover jumped roughly 4x to Rs. 208.22 Lakhs (from Rs. 52.06 Lakhs a year ago), and consolidated turnover rose to Rs. 331.41 Lakhs (from Rs. 58.96 Lakhs), a jump of over 5x. The company reported a standalone turnaround, with a profit of Rs. 5.69 Lakhs versus a loss of Rs. 2.35 Lakhs last year, while consolidated profit rose to Rs. 6.07 Lakhs from Rs. 3.92 Lakhs. The board also accepted the resignation of statutory auditor NSVR & Associates LLP (citing preoccupation with other work) and approved the appointment of Bhargavi Priya and Associates as the new statutory auditor for FY 25-26, subject to shareholder approval. Additionally, the company signed a 1-year software services agreement with UK-based BHARG Ltd, and its subsidiary Life 108 Healthcare entered an exclusive deal to sell ayurvedic products on Amazon and Flipkart.
Sharp revenue and profit growth signals a turnaround story, though the absolute numbers remain small, so impact on stock price is likely modest. The mid-year auditor change appears routine (resignation due to other commitments, no audit concerns flagged), which is generally neutral for shareholders.