UGRO Capital’s overall Assets Under Management (AUM) as on Q2FY24 stood at Rs 7590 crore as compared to Rs 4375 crore in Q2FY23, i.e. up by 73%. In Q1FY24, AUM stood at Rs 6777 crore. Its collection efficiency has improved from 96.8% in Q1FY24 to 97.6% in Q2FY24 (+80bps).
The company has reported 52% rise in Quarterly Gross loan origination to Rs 2500 crore in Q2FY24 as against Rs 1653 crore in Q2FY23, while its Net loan origination for Q2FY24 was around Rs 1,470 crore.
UGRO Capital is engaged in providing financial services.