Niyogin Fintech Q4 Results Live : loss falls by 15.04% YOY

Niyogin Fintech Q4 Results Live : Niyogin Fintech declared their Q4 results on 14 May, 2024, showcasing a significant growth in revenue and a reduction in losses. The topline increased by 48.75% year-over-year, while the loss decreased by 15.04% compared to the same period last year.

In comparison to the previous quarter, the company experienced a decline in revenue by 6.37%, but managed to decrease the loss by 31.96%.

Selling, general & administrative expenses showed a decline of 2.96% quarter-over-quarter, however, they increased by 17.85% year-over-year.

The operating income saw a notable increase of 18.53% sequentially and 30.69% year-over-year, indicating positive growth in the company's operational efficiency.

Despite the positive performance in revenue and operational income, the EPS for Q4 stands at ₹-0.3, reflecting a significant decrease of 76.52% year-over-year.

Looking at the company's market performance, Niyogin Fintech has delivered -7.12% return in the last 1 week, -2.57% return in the last 6 months, and -16.28% year-to-date return.

Currently, Niyogin Fintech holds a market capitalization of ₹695.29 Cr with a 52-week high/low of ₹97.99 & ₹38.55 respectively, showcasing its position in the market.