Niyogin Fintech Reports Q1 Profit, Targets ₹500-550 Cr AUM by FY26 Aug 08, 2025
Niyogin Fintech Reports Q1 Profit, Appoints New Independent Director Aug 08, 2025
More news about Niyogin Fintech
07Aug 25
Niyogin Fintech's Subsidiary Inks $10 Million Deal with Central Bank of India
Niyogin Fintech's subsidiary, Iserveu Technology Private Limited, has won a five-year contract worth $10 million (approx. ₹83.00 crore) with Central Bank of India. The contract involves deploying UPI-enabled soundboxes and providing a technology stack including a merchant app, soundbox platform, and back-office portal. This deal positions Niyogin Fintech as a key player in India's digital payment landscape and could boost investor confidence in the company's growth prospects.
Niyogin Fintech announced impressive Q1 results with significant growth across key segments. iServeu Tech division's revenue surged 167% YoY to Rs 15.20 crore, with an 11.70% QoQ increase. The company's Gross Loan AUM expanded by 52.70% YoY and 14.20% QoQ, reflecting strong growth in both technology and lending segments.
25Jun 25
Niyogin Fintech Approves ₹1 Billion Non-Convertible Debenture Issuance Plan
Niyogin Fintech's board has approved the issuance of non-convertible debentures (NCDs) worth up to ₹1.00 billion (₹100.00 crore). This decision indicates the company's strategy to raise funds through debt securities without diluting existing shareholders' equity. The move aims to enhance liquidity, attract fixed-income investors, and provide financial flexibility for future growth initiatives in the fintech sector.
Niyogin Fintech's Q4 results show revenue growth to ₹233.40 crore, up 71.62% year-on-year. However, net loss increased to ₹23.30 crore from ₹3.40 crore in the previous year. Sequentially, losses narrowed by 19.38% from ₹28.90 crore in Q3.