Niyogin Fintech Q2 FY27: Net Revenue Up 8% QoQ to ₹23.9 Cr

Niyogin Fintech Limited announced its Q2 FY27 results, reporting a consolidated net revenue of ₹23.9 Cr, an 8% increase quarter-on-quarter. The company's subsidiary, iServeU, saw its net revenue rise by 15% QoQ to ₹18.1 Cr, with stabilized UPI acquiring business volumes. Soundbox/POS deployments faced constraints due to supply chain issues but are expected to ease. The NBFC business maintained a calibrated approach with AUM at ₹270 Cr, focusing on disciplined underwriting and partnership-led lending, including a strategic credit partnership for up to ₹500 Cr. Consolidated EBITDA improved to ₹1.4 Cr from ₹0.2 Cr in Q1 FY27. The company awaits final NCLT approval for its Composite Scheme of Arrangement.