Paisalo Digital Ltd - Key Business Updates

Paisalo Digital Ltd has announces the following Key Business Updates:

1) Assets under management (AUM) grew by 32% to approximately INR 4,622 crore as of 31 March 2024 as compared to INR 3,492 crore as of March 31, 2023.

2) Disbursements grew by 38% to approximately INR 3,588 crore as of 31 March 2024 as compared to INR 2,599 crore as of March 31 2023.

3) Co-Lending Loan Disbursement grew by 100% to approximately INR 1,128 crores as of 31 March 2024 as compared to INR 564 crores as of March 31, 2023.

4) Customer franchise as of 31 March 2024 stood at 4.29 million as compared to 1.50 million as of 31 March 2023.

5) Geographic footprint stood as 2,455 touch points as of 31 March 2024 as compared to 1,052 touch points as of March 31 2023.

6) During the FY 2023-24 the Company has allotted bonus equity shares to the existing shareholders of the Company holding shares at the closing of business hours on the Record Date i.e. March 20, 2024 in the ratio of 1:1.

The above information for financial year ended March 31, 2024, is provisional and being released ahead of the official announcement of the financial results for the quarter and financial year ended March 31, 2024, and is subject to review and approval by the Audit Committee, Board of Directors, and Statutory Auditors of the Company.

Source : Equity Bulls

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PaisaloDigital KeyBusinessUpdates Q4FY24