Quarterly Updates1 Oct 2025, 01:19 pm
Nihar Info Global Ltd Reports 51.82% Standalone Revenue Growth in FY 2024-25, Despite Net Loss
AI Summary
Nihar Info Global Ltd, in its 31st AGM, reported a 51.82% standalone revenue growth in FY 2024-25, reaching 7483.03 lakhs. The consolidated revenue also saw a significant increase of 140.41%. However, the company reported a net loss of 2364.32 lakhs (standalone) and 2357 lakhs (consolidated) due to legacy asset write-offs and non-recoverable advances. The company's subsidiaries, Life 108 Healthcare Pvt. Ltd. and BeastBells Media Pvt. Ltd., contributed significantly to the consolidated performance. The company has proposed a rights issue of equity shares amounting to over 210 crores to support aggressive growth plans.
Key Highlights
- Nihar Info Global Ltd reports 51.82% standalone revenue growth in FY 2024-25
- Consolidated revenue increases by 140.41%
- Company reports net loss due to legacy asset write-offs and non-recoverable advances
- Subsidiaries Life 108 Healthcare Pvt. Ltd. and BeastBells Media Pvt. Ltd. contribute significantly to consolidated performance
- Company proposes rights issue of equity shares amounting to over 210 crores