Archive · 13 Jun 2025

Paisalo Digital Allots ₹30 Crore Commercial Papers; Q4 Profit Jumps 25%

Paisalo Digital Allots ₹30 Crore Commercial Papers; Q4 Profit Jumps 25%

Paisalo Digital, a company backed by LIC, sold financial documents called commercial papers for ₹30 crore.

Their stock price went down a bit.

These papers were sold on June 13, 2025, and will be paid back on September 12, 2025.

The company made more money in the last quarter, up 25% compared to last year, reaching ₹45 crore.

They also have more customers and manage more assets.

However, some loans aren't being repaid, which the company is working to improve.

Sources