Niyogin Fintech Q1 FY27 update: AUM Rs 332 Cr, iServeU revenue dips 24% YoY
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Niyogin Fintech reported Q1 FY27 (ended June 30, 2026) provisional business update. Gross Loan AUM stood at Rs 332.2 Cr, down 5% YoY but up 4% QoQ. iServeU Tech net revenue was Rs 16.1 Cr, falling 24% YoY while rising 2% QoQ. iServeU Tech order book stands at Rs 550 Cr. CEO Tashwinder Singh called it a measured quarter, citing disciplined lending focus and lower device deployment impacting iServeU. Numbers are provisional and subject to audit committee and board approval.
iServeU revenue slump of 24% YoY and AUM dip may pressure sentiment, though the Rs 550 Cr order book offers some comfort.