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AlphaStreet Analysis

Ugro Capital Ltd Q4FY23 results out, revenue grows by 88%

earnings preview

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 Ltd reported Total revenue for Q4 FY23 of ₹209 Crore, up from ₹111 Crore year on year depicting a growth of 88%.
  • Total Expenses for Q4 FY23 of ₹183 Crore up, from ₹105 Crore year on year, a growth of 74%. 
  • Consolidated Net Profit of ₹14 Crore, up 133% from ₹6 Crore in the same quarter of the previous year. 
  • The Earnings per Share is ₹2.02, up 140% from ₹0.84 in the same quarter of the previous year.
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