Nihar Info Global returns to profitability in FY26

2 min read     Updated on 30 May 2026, 11:14 AM
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Nihar Info Global Limited returned to profitability in FY26 with a consolidated net profit of ₹68.70 lakh, reversing a loss of ₹356.86 lakh in the previous year. Revenue from operations surged to ₹2,169.12 lakh from ₹772.60 lakh, driven primarily by the trading activity segment. The Board approved the audited financial results, management changes including the appointment of a new CFO, and strategic initiatives such as availing ECLGS 5.0 credit facilities and partnerships for digital gold sales.

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Nihar Info Global Limited returned to profitability in the financial year ended March 31, 2026, reporting a consolidated net profit of ₹68.70 lakh compared to a net loss of ₹356.86 lakh in the previous year. This turnaround was supported by a robust increase in consolidated revenue from operations, which rose to ₹2,169.12 lakh from ₹772.60 lakh in FY25. The company’s standalone financial results also reflected this recovery, with a net profit of ₹53.94 lakh against a net loss of ₹364.31 lakh in the prior year, while standalone revenue climbed to ₹1,501.97 lakh from ₹483.03 lakh.

The financial performance was driven largely by the trading activity segment, which accounted for ₹1,966.71 lakh of the consolidated revenue, while the e-commerce segment contributed ₹202.41 lakh. The Board of Directors approved the audited standalone and consolidated financial results for the fourth quarter and financial year ended March 31, 2026, in a meeting held on May 29, 2026. The audit report, issued by statutory auditor M/s. Bhargavi Priya and Associates, Chartered Accountants, carried an unmodified opinion.

Management Changes and Strategic Approvals

Alongside the financial results, the Board approved several key management changes. Ms. Pujitha Gudipudi resigned as Chief Financial Officer (CFO) effective from the close of business hours on May 29, 2026. Consequently, the Board appointed Ms. Anuja Agrawal as the new CFO effective May 30, 2026. Additionally, Mr. Bhogaraju Hemanth Kumar resigned from the position of Company Secretary and Compliance Officer, and the Board authorized the Managing Director to finalize a suitable replacement.

On the strategic front, the Board approved availing additional credit facilities under the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 from Axis Bank. The company also greenlit entering into agreements with Augmont, SafeGold, and MMTC-PAMP to facilitate the sale of digital gold and silver through its platform, goldsilver.shop.

Financial Metrics

The following table summarizes the key financial metrics for the standalone and consolidated entities for the year ended March 31, 2026:

Metric (₹ in Lakhs) Standalone FY26 Standalone FY25 Consolidated FY26 Consolidated FY25
Revenue from Operations 1,501.97 483.03 2,169.12 772.60
Total Income 1,501.97 483.03 2,169.12 772.60
Total Expenses 1,447.92 847.26 2,095.60 1,125.15
Profit Before Tax 54.05 (364.23) 73.57 (352.55)
Net Profit for the Period 53.94 (364.31) 68.70 (356.86)
Earnings Per Share (Basic) 0.52 (3.50) 0.66 (3.46)

The balance sheet indicated a reduction in long-term borrowings, which decreased to ₹18.92 lakh in the standalone accounts as of March 31, 2026, from ₹35.47 lakh in the previous year. The total equity stood at ₹645.35 lakh, an improvement from ₹591.42 lakh in the prior year. The paid-up equity share capital remained stable at ₹1,040.77 lakh.

Historical Stock Returns for Nihar Info Global

1 Day5 Days1 Month6 Months1 Year5 Years
-5.00%-5.28%-15.00%+3.36%+22.81%+22.58%

How will the new strategic partnerships with Augmont, SafeGold, and MMTC-PAMP impact revenue diversification beyond the current reliance on trading activities?

What are the specific growth targets for the goldsilver.shop platform following the integration of digital gold and silver sales?

Will the company maintain its current expense structure to sustain profitability, or are costs expected to rise with the expansion of the e-commerce segment?

Nihar Info Global CFO resigns effective May 29, 2026

1 min read     Updated on 30 May 2026, 01:37 AM
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Nihar Info Global Limited's CFO, Ms. Pujitha Gudipudi, resigned effective May 29, 2026, due to personal reasons. She ceased to be a Key Managerial Personnel under the Companies Act, 2013. The resignation was intimated to the Bombay Stock Exchange under Regulation 30 of SEBI LODR Regulations.

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nihar info global announced the resignation of its Chief Financial Officer, Ms. Pujitha Gudipudi, effective May 29, 2026. The resignation, tendered on March 31, 2026, was attributed to personal reasons and marks a significant change in the company's leadership structure. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Ms. Pujitha Gudipudi will be relieved from her duties at the end of business hours on May 29, 2026. Consequently, she will cease to be a Key Managerial Personnel under Section 203 of the Companies Act, 2013, and Regulation 30(5) of the SEBI (LODR) Regulations. This cessation impacts the materiality determination for disclosures required by the stock exchange.

The company confirmed that the resignation process adheres to the regulatory requirements specified in SEBI Circular CIR/CFD/CMD/4/2015 dated September 9, 2015. The Managing Director, Divyesh Nihar Boda, signed the intimation to the Bombay Stock Exchange, confirming the effective date of cessation.

The following table details the event information as per the regulatory filing:

S.No Details of Events Information
a. Reason for Change Ms. Pujitha Gudipudi has tendered her resignation vide letter dated 31st March, 2026 as the Chief Financial Officer (CFO) and Key Managerial Personnel of M/s. Nihar Info Global Limited.
b. Date of Cessation May 29, 2026 (Cessation)
(End of Business Hours)

The transition is effective immediately at the close of business hours on the specified date, ensuring compliance with all statutory obligations.

Historical Stock Returns for Nihar Info Global

1 Day5 Days1 Month6 Months1 Year5 Years
-5.00%-5.28%-15.00%+3.36%+22.81%+22.58%

Who will be appointed as the interim or permanent CFO to fill the leadership vacuum?

How will the market react to the sudden departure of a key managerial personnel?

What impact will this leadership change have on the company's financial reporting and strategic decisions?

More News on Nihar Info Global

1 Year Returns:+22.81%