Paisalo Digital has appointed Mr. Vinod Kumar as Executive Director of the Company for a period of Five (5) years from 1 December 2024 to 1 December 2029.Powered by Capital Market - Live News

Net profit of Paisalo Digital rose 5.12% to Rs 49.92 crore in the quarter ended September 2024 as against Rs 47.49 crore during the previous quarter ended September 2023. Sales rose 29.27% to Rs 187.03 crore in the quarter ended September 2024 as against Rs 144.68 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales187.03144.68 29 OPM %77.8086.13 - PBDT68.1864.40 6 PBT67.1463.54 6 NP49.9247.49 5 Powered by Capital Market - Live News

Paisalo Digital has collaborated with Mahindra Last Mile Mobility (MLMML), a subsidiary of Mahindra and Mahindra (M&M) to address the growing demand for commercial electric vehicles (EVs) by expanding financing options and supporting India`s transition to sustainable mobility. Paisalo Digital will offer tailored financing solutions for individuals and businesses looking to invest in MLMML`s commercial electric/ICE three- and four-wheelers. Through this collaboration, innovative financing packages for commercial EV/ICE vehicle buyers will be given. Loan offerings will feature competitive interest rates, and minimal documentation processes, ensuring customers can shift to EVs without financial strain.Powered by Capital Market - Live News

Paisalo Digital will hold a meeting of the Board of Directors of the Company on 30 October 2024.Powered by Capital Market - Live News

Paisalo Digital has raised Rs 30 crore through allotment of commercial paper on 20 September 2024. Powered by Capital Market - Live News