Small-cap NBFC stock Paisalo Digital jumps 9% after Q3 results today. Do you own?

Date:

- Advertisement -


Small-cap NBFC stock Paisalo Digital share price jumped over 9 per cent in intraday trade on the BSE on Tuesday, February 4, after the company reported its December quarter (Q3) result.Paisalo Digital share price opened at 42.93 against its previous close of 42.52 and jumped 9.4 per cent to the level of 46.50. Around 1:25 PM, the stock traded 5.13 per cent higher at 44.70.

Paisalo Digital Q3 result

Paisalo Digital reported a 10.62 per cent year-on-year jump in its standalone net profit for Q3FY25 to 62.07 crore against a profit of 56.11 crore in the same quarter last year.

Total revue from operations rose to 193.76 crore, up X per cent against 171.25 crore in the corresponding quarter of the previous financial year.

The company said its assets under management (AUM) touched the highest-ever level of 4,748.80 crore, rising 12.31 per cent YoY.

According to the exchange filing, the company said in Q3, it added a record 14.1 lakh customers to its franchise. In the first nine months, it added 44.6 lakh customers to its customer franchise.

The company said it interest income for Q3FY25 was up 25 per cent at 577.3 crore as against 4,63.5 crore in Q3FY24. GNPA and NNPA stood at 1.10 per cent and 0.84 per cent as at Q3FY25 compared to 0.23 per cent and 0.02 per cent as at Q3FY24.

“The company is continuing to augment its debt management infrastructure as a mitigation measure. We should start to normalize by Q4FY25. The company is proactively pruning as required,” Paisalo Digital said.

Paisalo Digital share price trend

The small-cap stock has declined 33 per cent over the last year. It hit a 52-week high of 99.63 on March 1 and a 52-week low of 40.40 on October 25 last year.

On a monthly scale, the stock declined 14 per cent last month.

Disclaimer: The views and recommendations above are those of individual analysts, experts, and brokerage firms, not Mint. We advise investors to consult certified experts before making any investment decisions.



Source link

- Advertisement -

Top Selling Gadgets

LEAVE A REPLY

Please enter your comment!
Please enter your name here

nineteen − ten =

Share post:

Subscribe

Popular

More like this
Related

Stock and Share Market News, Economy and Finance News, Sensex, Nifty, Global Market, NSE, BSE Live IPO News

By Market Capitalisation. Net Sales. Net Profit. Total Assets. Excise. Other Income. Raw Materials. Power &...

Monster Hunter Wilds open beta 2 start time and dates for all platforms

Monster Hunter Wilds’s open beta 2 provides another...

Suzlon share price Today Live Updates : Suzlon Sees Positive Trading Surge Today

Suzlon Share Price Today Live Updates...

Top Selling Gadgets