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U GRO Capital limited is a technology-focused (data-centric & technology-enabled approach), small business lending platform. The company is focused on addressing the capital needs of small businesses operating in select eight sectors by providing customized loan solutions.
UGRO Capital reported Q1 consolidated net profit of ₹67.87 Cr (EPS ₹4.44), an increase from ₹51.11 Cr last quarter, despite consolidated income declining to ₹534.63 Cr. Standalone net profit rose to ₹60.71 Cr (EPS ₹3.97) on income of ₹453.98 Cr.
UGRO Capital's GROx lending engine scaled sharply in Q1'FY27, disbursing Rs 1,853 Cr and reaching 3.4 lakh customers. Total AUM hit Rs 15,013 Cr (up 24% YoY). Strategic realignment improved ROA to 2.8% and PAT to Rs 67.9 Cr, with cost savings achieved.
UGRO Capital and Profectus Capital have filed an application with the NCLT for their amalgamation scheme, moving closer to the proposed merger.
UGRO Capital secured 'No Objection' from NSE and BSE for its amalgamation with Profectus Capital. This advances the merger process, still requiring shareholder, creditor, and NCLT approvals to finalize the deal.