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Niyogin Fintech reports Rs 500.72 million net loss for June quarter, revenue declines
13-Aug-2026, 10:02
Niyogin Fintech Limited reported a net loss of Rs 500.72 million for the quarter ended June 30, 2026, according to consolidated financial results released recently. Total revenue for the quarter reached Rs 6,675.61 million, a decrease from Rs 7,740.71 million in the prior quarter and Rs 8,614.08 million in the same period last year. The company’s Financing segment, which generates revenue of Rs 3,501.04 million, experienced a net loss of Rs 34.91 million, while the Technology segment posted a significant loss of Rs 580.76 million despite revenue of Rs 3,174.57 million. Management assessed an expected credit loss overlay of Rs 488.71 million, and the company holds unrecognised deferred tax assets of Rs 1,781.85 million, the realization of which remains uncertain. Statutory auditors have issued an unmodified review report on the results, which comply with SEBI regulations.