India's Paisalo Digital rises after annual business update

Paisalo Digital

10/04/2024 05:05

** Non-bank lender Paisalo Digital's  PISA.NS  shares up
3.9% at 86 rupees
    ** Company said on Tuesday its disbursements grew 38% y-o-y
as of March 31, while assets under management up 32%
    ** Paisalo's customer base more than doubles to ~4.3 mln
during same period vs 1.5 mln earlier
    ** Stock gains for sixth straight day, up 33.5% during this
period
    ** At current levels, Paisalo's shares up 86% so far this
year

 (Reporting by Nandan Mandayam in Bengaluru)
 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727))