New Delhi, July 21 -- Paisalo Digital, a non-deposit taking NBFC announced its June quarter results on July 21 during market hours, reporting a net profit of Rs.47 crore, a 13.25% increase from Rs.41.5 crore reported in the same period last year.
Total income rose 17.2% YoY to Rs.218.71 crore from Rs.186.55 crore in Q1FY25, while interest income grew 21.7% YoY to Rs.200.88 crore from Rs.165.09 crore. However, fee and commission income declined to Rs.17.37 crore from Rs.20.06 crore a year earlier.
Total expenses increased to Rs.155.11 crore from Rs.130.75 crore in Q1FY25, mainly due to higher finance costs and impairment charges. Despite this, the company reported a 13.9% YoY rise in profit before tax at Rs.63.60 crore, up from Rs.55.80 ...
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