Nihar Info Global Limited has announced a financial turnaround for FY 2025-26, reporting a profit of Rs. 68.70 Lakhs compared to a loss in the previous year. Alongside strong revenue growth of 210.95%, the company is streamlining its portfolio by divesting two non-core subsidiaries and has proposed raising Rs. 3.17 Crore through preferential equity and convertible warrants. These strategic moves aim to bolster its E-commerce and digital bullion platform. The company has also announced leadership changes ahead of its 32nd Annual General Meeting scheduled for September 30, 2026.
Nihar Info Global Posts Turnaround Profit and Strategic Capital Raise
Profit after tax reported at Rs. 68.70 Lakhs for FY 2025-26; Gross revenue surged to Rs. 2,167.12 Lakhs.
Reader Takeaway: Turnaround to profitability and focus on e-commerce is offset by divestment of non-core entities and share dilution.
What just happened
Nihar Info Global has released its financial results for the year ended March 31, 2026, showing a significant improvement. The company shifted from a net loss of Rs. 357.00 Lakhs in the previous year to a profit of Rs. 68.70 Lakhs. Gross consolidated revenue saw a substantial increase, climbing to Rs. 2,167.12 Lakhs. The company also announced its 32nd Annual General Meeting, set for September 30, 2026, where shareholders will vote on financial adoption and capital initiatives.
Why this matters
The company is realigning its business focus toward its E-commerce and digital bullion vertical. To facilitate this, the board has approved the sale of two subsidiaries—Life 108 Healthcare Private Limited and Beastbells Media Private Limited—to Director Mrs. Vijaya Lakshmi Boda. Additionally, the company intends to raise Rs. 3.17 Crore through a mix of equity shares for non-promoters and convertible warrants for the promoter group to strengthen its financial position.
Governance and Leadership
The company appointed Mr. Annapantula Seetarama Murthy as an Additional Independent Director effective August 31, 2026, following the completion of Mr. Ajit Kumar Nagrani's term. M/s Surya Gupta & Associates have been re-appointed as secretarial auditors for a five-year tenure.
Risks to watch
Investors should note the dilution effect resulting from the preferential issue of 11,70,000 equity shares. Furthermore, the divestment of subsidiaries involves transactions with a company director, which requires monitoring to ensure alignment with corporate governance standards and long-term shareholder value.