X

Ugro Capital Ltd Q1FY24; 257% rise in Profits

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.

Financial Results:

Ugro Capital Ltd reported Revenues for Q1FY24 of ₹213.00 Crores up from ₹117.00 Crore year on year, a rise of 82.05%.

Total Expenses for Q1FY24 of ₹183.00 Crores up from ₹112.00 Crores year on year, a rise of 63.39%.

Consolidated Net Profit of ₹25.00 Crores up 257.14% from ₹7.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.73, up 162.50% from ₹1.04 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Related Post