The shares of Paisalo Digital had a noteworthy increase of about 3% subsequent to the company’s release of strong performance indicators. The non-banking financial corporation (NBFC) revealed remarkable growth statistics, with its assets under management (AUM) reaching Rs 4,622 crore in the fourth quarter, up 32% year over year.
In addition to the notable increase in AUM, there was a notable 38% leap in loan disbursements during the same period, totaling Rs 3,588 crore. Furthermore, Paisalo Digital announced a notable 100% increase in co-lending loan disbursements, amounting to roughly Rs 1,128 crore.
Additionally, the NBFC declared that it will be bringing forward potential financing strategies at the April 12 board meeting.
As of 10:50 am, the company’s shares were trading 2.96% higher at ₹85.25 on NSE.
