Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Niyogin Fintech approved its Q1 FY26 (quarter ended June 30, 2025) financial results, showing a strong turnaround on a standalone basis — profit of Rs. 59.83 lakh versus a loss of Rs. 246.54 lakh in Q1 FY25, with total income jumping ~64% to Rs. 2,640.35 lakh. Consolidated results also improved sharply, with losses narrowing to Rs. 185.26 lakh from Rs. 984.34 lakh a year ago, on revenue of Rs. 8,614 lakh. Mr. Nitin Jaiswal (ex-Bloomberg, 27 years) was appointed as an Additional Independent Director for a 5-year term starting August 9, 2025. The Board also approved increasing its borrowing/charge-creation limit to Rs. 300 crore, appointed M/s. Mitesh Shah & Co. as Secretarial Auditors for FY26–FY30, and fixed the 37th AGM for September 17, 2025.
Positive for shareholders: standalone return to profitability and strong revenue growth signal improving business momentum, while the new independent director brings senior financial-sector experience. The proposed Rs. 300 crore borrowing limit could mean future expansion or acquisitions, but also raises leverage — shareholder approval will be sought at the AGM.