NDL Ventures Limited (formerly NXTDIGITAL Limited) has announced its unaudited financial results for the quarter and half-year ended September 30, 2025, showcasing steady growth and positive financial indicators.

Financial Highlights

The company's financial performance for Q2 FY2026 and H1 FY2026 demonstrates resilience and growth:

Key Observations

1. Improved Profitability: Despite a slight decrease in total income, NDL Ventures has significantly improved its profitability. The net profit after tax for Q2 FY2026 increased by 35.52% year-on-year to ₹28.35 lakhs, up from ₹20.92 lakhs in Q2 FY2025.

2. Expense Management: The company has effectively managed its expenses, with total expenses decreasing from ₹98.55 lakhs in Q2 FY2025 to ₹82.25 lakhs in Q2 FY2026, contributing to the improved bottom line.

3. Earnings Per Share Growth: The earnings per share (EPS) for Q2 FY2026 stood at ₹0.08, showing an improvement from ₹0.06 in the same quarter of the previous year.

4. Half-Yearly Performance: For the half-year ended September 30, 2025, the company reported a total income of ₹236.44 lakhs and a net profit after tax of ₹52.53 lakhs, indicating a strong first half of the fiscal year.

Corporate Developments

The Board of Directors approved these results at their meeting held on October 24, 2025. The company's statutory auditors, S.K. Patodia & Associates LLP, issued an unmodified limited review report on the financial results.

Importantly, NDL Ventures has made progress in its proposed merger with Hinduja Leyland Finance Limited. The company received a No Objection Certificate (NOC) from the Reserve Bank of India for the proposed scheme of merger, which was communicated to stock exchanges on August 11, 2025. This merger, initially approved by the Board of Directors on November 25, 2022, is subject to necessary statutory and regulatory approvals, as well as shareholder approval.

Conclusion

NDL Ventures Limited continues to demonstrate financial stability and growth, with improved profitability and efficient expense management. The progress in the proposed merger with Hinduja Leyland Finance Limited marks a significant step in the company's strategic direction. Investors and stakeholders will likely keep a close watch on the merger proceedings and the company's performance in the coming quarters.

NDL Ventures Limited (formerly known as NXTDIGITAL Limited) has taken a significant step forward in its proposed merger with Hinduja Leyland Finance Limited (HLF). The company announced that it has received a No Objection Certificate (NOC) from the Reserve Bank of India (RBI) for the merger, paving the way for the next phases of the consolidation process.

Key Developments

• RBI Approval: The Reserve Bank of India has issued a No Objection Certificate for the proposed merger of Hinduja Leyland Finance Limited into NDL Ventures Limited.
• Next Steps: NDL Ventures will now proceed with subsequent steps to implement the merger scheme, including:
  • Completion of statutory filings
  • Obtaining remaining consents, if any
  • Implementation of the scheme as per approved terms

Company Statement

In a communication to the stock exchanges, NDL Ventures stated, "We are in receipt of a communication from Hinduja Leyland Finance Limited that they have received the No Objection Certificate (NOC) from Reserve Bank of India (RBI) for the proposed scheme of merger of Hinduja Leyland Finance Limited (HLF) with NDL Ventures Limited (NDL)."

Implications

This regulatory approval marks a crucial milestone in the merger process between NDL Ventures and Hinduja Leyland Finance. The merger, once completed, could potentially lead to synergies and a stronger market position for the combined entity in the financial services sector.

Market Information

NDL Ventures Limited is listed on both the BSE and the National Stock Exchange of India. Investors and market participants will likely be watching closely as the company moves forward with the merger process.

The company has assured stakeholders that it will proceed with the necessary steps to effectuate the merger, signaling a commitment to completing the transaction in compliance with regulatory requirements and approved terms.

As the merger progresses, further updates are expected regarding the completion of statutory filings and the final implementation of the scheme. Shareholders and interested parties are advised to stay tuned for additional announcements from NDL Ventures Limited regarding this significant corporate action.