Please find enclosed
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 audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025, both carrying an unmodified (clean) audit opinion from Pijush Gupta & Co. The company also re-designated three senior executives effective May 16, 2025: Akash Sethi elevated from COO to Deputy CEO, Sanket Shendure to President & Chief Product and Growth Officer, and Abhishek Thakkar to President & CFO (whole-time KMP). On a standalone basis, total revenue from operations jumped about 89% year-on-year to ₹76.4 crore, but the net loss widened to ₹(9.78) crore from ₹(7.55) crore. On a consolidated basis, revenue rose roughly 56% to ₹309 crore, while the net loss narrowed to ₹(16.33) crore from ₹(24.84) crore. Borrowings nearly doubled to ₹89.15 crore (standalone) and operating cash outflow remained negative at ₹(79.6) crore, reflecting an ongoing growth-investment phase. A new wholly-owned subsidiary, Niyogin Finserv Limited, was incorporated in January 2025.
Strong top-line growth and a narrowing consolidated loss are positive signals, but standalone losses are still widening and the company is funding growth through higher borrowings and negative operating cash flow, which keeps near-term profitability uncertain for shareholders. The clean audit and senior leadership continuity are supportive factors.