New Delhi, April 27 -- Aye Finance, the recent debutant on Dalal Street, saw its shares surge 17% to hit a fresh all-time high of Rs.158 apiece in Monday's session, 27 April, after investors cheered the company's strong performance for the March quarter as well as the financial year ended March 31.

For the March quarter, the company's profit after tax (PAT) jumped 110% year-on-year to Rs.86 crore, while assets under management (AUM) grew 27% YoY to Rs.7,044 crore, supported by a 25% YoY rise in quarterly disbursements. The company also added 70,841 new borrowers during the quarter.

Its credit cost for the quarter stood at 4.3%, down 186 basis points YoY, marking a consistent decline in each of the previous five quarters. In terms of ass...