Fintech
Niyogin Fintech Q4 Results Live: Loss Drops 15.04% YoY
Niyogin Fintech Fourth Quarter Results Live: Niyogin Fintech reported fourth quarter results on May 14, 2024, showing significant revenue growth and reduction in losses. Revenue increased by 48.75% year-on-year, while loss decreased by 15.04% compared to the same period last year.
Compared to the previous quarter, the company recorded a decline in revenue of 6.37%, but managed to reduce the loss by 31.96%.
Selling, general and administrative expenses showed a decline of 2.96% quarter-on-quarter, however increased 17.85% year-on-year.
Operating income witnessed a notable increase of 18.53% sequentially and 30.69% year-on-year, indicating positive growth in the company’s operational efficiency.
Despite the positive performance in revenue and operating income, EPS for the fourth quarter stands at ₹ -0.3, reflecting a significant decline of 76.52% year-on-year.
Looking at the company’s market performance, Niyogin Fintech has achieved a return of -7.12% over the past week, a return of -2.57% over the past 6 months, and a return of -16.28% year to date.
Currently, Niyogin Fintech holds a market capitalization of ₹695.29 Cr with a 52-week high/low of ₹97.99 and ₹38.55 respectively, proving its position in the market.
Niyogin Fintech Financials
| Total revenue | 50.18 | 53.6 | -6.37% | 33.73 | +48.75% |
| Total selling/general/administrative expenses | 11.09 | 11.43 | -2.96% | 9.41 | +17.85% |
| Depreciation/Amortization | 2.17 | 2.07 | +4.86% | 1.69 | +29% |
| Total operating expenses | 54.25 | 58.59 | -7.41% | 39.61 | +36.97% |
| Operating income | -4.07 | -5 | +18.53% | -5.87 | +30.69% |
| Net profit before taxes | -2.97 | -4.82 | +38.45% | -3.3 | +10.1% |
| Net income | -2.12 | -3.12 | +31.96% | -2.5 | +15.04% |
| Diluted normalized EPS | -0.3 | -0.19 | -62.34% | -0.17 | -76.52% |
Frequent questions
Question: What is the company’s fourth quarter profit/loss?
Ans: ₹-2.12Cr
Question: What is your fourth quarter revenue?
Ans: ₹50.18Cr
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