Niyogin Fintech Reports ₹5.01 Crore Q1 Loss, Approves Investdirect Sale

Technology Losses Deepen Net loss at Rs 50.1 Cr in Q1 FY27 vs Rs 18.5 Cr in Q1 FY26, loss widened 170.3% YoY. NII at Rs 15.3 Cr in Q1 FY27, -5.2% YoY. PPOP loss of Rs 1.8 Cr vs profit of Rs 2.7 Cr in Q1 FY26. Technology segment drove the loss with a result of negative Rs 5.8 Cr vs negative Rs 0.9 Cr, while Financing posted negative Rs 0.3 Cr vs profit of Rs 0.1 Cr. Board approved sale of Investdirect Capital Services for up to Rs 11.75 Cr, subject to shareholder and regulatory approvals, with completion targeted by March 31, 2027. Statutory auditors were recommended for reappointment; the proposed CFO whole-time director appointment was dropped, while deputy CFO and chief audit officer changes were approved.