• Source:JND
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PaisaLo Digital: The shares of LIC and SBI Life Insurance-backed NBFC 'Paisalo Digital' shares soared over 10 per cent in intraday trade on Monday after the Non Banking Finance Company announced a 26.44% increase in net profit in Q4 or March 2024 quarter and a final dividend of 10% on fully paid capital of the company. At around 12:28 am, the small-cap NBFC stock was trading at Rs 33.80 on NSE, up 9.70% or 2.99 rupees. On BSE, the scrip was at Rs 33.74, zoomed 9.58 per cent.

The small-cap NBFC stock opened with a decent gap-up at Rs 31.0 on NSE, up against the previous session's closing price of Rs 30.81, and soared to hit an intraday high at Rs 34.60 per share. Meanwhile, its 52-week high and low values stood at Rs 82.0 and Rs 29.45, respectively, on NSE. According to information on exchanges, SBI Life Insurance owns 9.4% of the business, while LIC owns 1.2%.

Paisalo DIgital Q4 Result

From Rs 36.61 crore in the March 2024 quarter to Rs 46.29 crore in the March 2025 quarter, Paisalo Digital's net profit grew by 26.44%. Sales in Q4FY25 decreased by 0.78% to Rs 193.77 crore from Rs 195.29 crore in Q4FY24.

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From Rs 178.97 crore in March 2024 to Rs 200.12 crore in March 2025, the net profit for the entire year increased by 11.82%. Sales rose 17.06% to Rs 771.11 crore in the year that ended in March 2025 from Rs 658.75 crore in FY24.

Board Approves Dividend

For the fiscal year that concluded on March 31, 2025, the Board of Directors "recommended the final dividend @ 10% on fully paid-up capital of the Company, i.e. Re. 0.10/- (Ten Paisa Only) per fully paid equity share of Re. 1/- each." In a stock exchange filing, Paisalo Digital stated that the dividend suggested by the board of directors must be approved by the company's members at the next annual general meeting.

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Disclaimer: This is just a piece of news about recent developments in the stock. Jagran does not advise investing, Please take expert advice before investing.