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Niyogin Fintech - Quaterly Results

11 May 2023 Evaluate
The revenue declined to Rs. 61.67 millions for the quarter ended March 2023 as compared to Rs. 62.78 millions during the corresponding quarter last year.The Net Loss for the quarter ended March 2023 is Rs. -15.54 millions as compared to Net Loss of Rs. -2.98 millions of corresponding quarter ended March 2022 Operating profit Margin for the quarter ended March 2023 further decreased to -14.40% as compared to -1.23% of corresponding quarter ended March 2022


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 61.67 62.78 -1.77 240.50 219.13 9.75 240.50 219.13 9.75
Other Income 3.98 8.33 -52.22 22.66 24.79 -8.59 22.66 24.79 -8.59
PBIDT -14.40 -1.23 1070.73 -58.42 -33.51 74.34 -58.42 -33.51 74.34
Interest 0.07 0.26 -73.08 0.58 1.40 -58.57 0.58 1.40 -58.57
PBDT -14.47 -1.49 871.14 -59.00 -34.91 69.01 -59.00 -34.91 69.01
Depreciation 1.07 1.49 -28.19 4.68 7.10 -34.08 4.68 7.10 -34.08
PBT -15.54 -2.98 421.48 -63.68 -42.01 51.58 -63.68 -42.01 51.58
TAX 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT -15.54 -2.98 421.48 -63.68 -42.01 51.58 -63.68 -42.01 51.58
Equity 943.39 942.12 0.13 943.39 942.12 0.13 943.39 942.12 0.13
PBIDTM(%) -23.35 -1.96 1091.82 -24.29 -15.29 58.85 -24.29 -15.29 58.85
Peers
Company Name CMP
Bajaj Finance 1034.20
Shriram Finance 1028.00
Aditya Birla Capital 398.60
Tata Capital 362.80
Chola Invest & Fin. 1845.00
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