DigiSpice Technologies Limited has reported an improvement in its financial performance for the second quarter. The company saw growth in both EBITDA and net profit compared to the previous quarter.

Financial Highlights

DigiSpice Technologies demonstrated resilience in the second quarter, with EBITDA rising to ₹69.00 million from ₹63.90 million in the previous quarter, marking an 8.0% increase. The company's EBITDA margin also improved, reaching 5.55% compared to 5.17% in Q1, an expansion of 38 basis points.

The company's consolidated net profit showed modest growth, increasing to ₹71.00 million from ₹68.50 million in the prior quarter, representing a 3.6% rise. Revenue for Q2 stood at ₹1.25 billion, a slight increase from ₹1.24 billion in Q1.

Business Outlook

While the company has shown improvement in its key financial metrics, it's important to note that these results are set against a backdrop of broader economic challenges. The marginal revenue growth suggests that DigiSpice Technologies may be focusing on operational efficiency to drive profitability.

The company's ability to expand its EBITDA margin in the current economic environment is noteworthy. This could indicate effective cost management strategies or a shift towards higher-margin services within its digital technology offerings.

Investors and analysts will likely be watching closely to see if DigiSpice Technologies can maintain this positive momentum in the coming quarters, particularly in terms of revenue growth and continued margin improvement.

DigiSpice Technologies operates in the digital technology services sector, providing solutions under the 'DiGiSPICE' brand. The company's performance in this quarter reflects its ongoing efforts to strengthen its position in the evolving digital landscape.

As the company moves forward, it will be crucial for DigiSpice Technologies to capitalize on the growing demand for digital services while navigating the challenges of a competitive and rapidly changing tech industry.

Digispice Technologies , a technology company listed on the National Stock Exchange of India (NSE), has received a significant boost for its proposed merger plan. The company announced that it has obtained a no-objection observation letter from the NSE for its scheme of amalgamation with three companies: Spice Money Limited, E-Arth Travel Solutions Private Limited, and Vikasni Fintech Private Limited.

Key Details of the NSE Approval

The NSE's observation letter, dated September 19, 2025, paves the way for Digispice Technologies to file the draft scheme with the National Company Law Tribunal (NCLT). This approval is a crucial step in the company's strategic restructuring plans, potentially reshaping its business landscape.

Conditions Attached to the Approval

The NSE's green light comes with several important conditions that Digispice Technologies must adhere to:

1. Disclosure Requirements: The company must disclose all details of ongoing adjudication, recovery proceedings, prosecutions, and any other enforcement actions against the company, its promoters, and directors.

2. Information Update: Any additional information submitted after filing the scheme must be displayed on the websites of both the company and the stock exchanges.

3. Regulatory Compliance: Digispice Technologies is required to comply with all applicable SEBI circulars and ensure that the liabilities of the transferor companies are transferred to the transferee company.

4. Financial Information: The financials considered in the scheme, including those used for valuation reports, should not be more than six months old.

5. Shareholder Approval: The scheme requires approval from public shareholders, with votes in favor exceeding those against.

6. Demat Form: The proposed equity shares to be issued under the scheme must be in dematerialized form only.

Timeline and Next Steps

The observation letter from NSE is valid for six months from September 19, 2025. Within this period, Digispice Technologies must submit the scheme to the NCLT. The company's Company Secretary and Compliance Officer, Ruchi Mehta, confirmed that the scheme remains subject to other regulatory approvals and conditions.

Implications for Shareholders

This development is significant for Digispice Technologies' shareholders, as it represents a major step towards corporate restructuring. The merger, if approved, could potentially lead to synergies and operational efficiencies across the involved entities. However, shareholders should note that the final implementation of the scheme is contingent upon various regulatory approvals and the outcome of the shareholder voting process.

Digispice Technologies has stated that it will upload the NSE observation letter on its website, ensuring transparency and keeping stakeholders informed about this crucial corporate action.