Niyogin Fintech Ltd posts consolidated loss of Rs. 4.79 crore in Q1FY24

Niyogin Fintech Ltd has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 45.5441 crores during the period ended June 30, 2023 as compared to Rs. 36.3062 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. -6.6397 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -3.3444 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. -0.51 for the period ended June 30, 2023 as compared to Rs. -0.26 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 45.5441 crs	₹36.3062 crs	25.44%
Net Profit	₹-6.6397 crs	₹-3.3444 crs	98.53%
EPS	₹-0.51	₹-0.26	96.15%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 45.5441 crores during the period ended June 30, 2023 as compared to Rs.27.4371 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.-6.6397 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.-6.2986 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.-0.51 for the period ended June 30, 2023 as compared to Rs.-0.44 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 45.5441 crs	₹27.4371 crs	65.99%
Net Profit	₹-6.6397 crs	₹-6.2986 crs	5.42%
EPS	₹-0.51	₹-0.44	15.91%

Shares of Niyogin Fintech Ltd was last trading in BSE at Rs. 86.90 as compared to the previous close of Rs. 82.77. The total number of shares traded during the day was 2126440 in over 1681 trades.

The stock hit an intraday high of Rs. 86.90 and intraday low of 80.00. The net turnover during the day was Rs. 181529186.00.

Source : Equity Bulls

Keywords

NiyoginFintech Q1FY24 ResultUpdate