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AYE — Aye Finance News Story

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FinancialsHighly SpeculativeSmall CapTurnaround

India's Aye Finance gains on quarterly profit jump

** Shares of Aye Finance AYEF.NS rise 8.3% to 146 rupees

** Non banking financial co's March quarter profit more than doubled to 859.1 mln rupees ($9.1 mln) from 407 mln rupees year ago

** Revenue rose 29.2% Y/Y to 5.28 bln rupees

** Trading vols nearly 2x the 30-day average at 1.8 mln shares so far

** AYEF up ~13% since its listing in February

($1 = 94.2050 Indian rupees)

 (Reporting by Vijay Malkar)

 ((VijayDattaram.Malkar@thomsonreuters.com;))

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