MoneyWorks4Me

UGRO Capital’s net profit rises 23% in Q2

23 Oct 2024 Evaluate

UGRO Capital has reported results for second quarter ended September 30, 2024 (Q2FY25).

The company has reported 22.95% rise in its net profit at Rs 35.52 crore for the quarter ended September 30, 2024 as compared to Rs 28.89 crore for the same quarter in the previous year. Total income of the company increased by 35.18% at Rs 342.86 crore for Q2FY25 as compared to Rs 253.63 crore for the corresponding quarter previous year.

UGRO Capital is engaged in the business of lending and primarily deals in financing MSME sector with focus on Healthcare, Education, Chemicals, Food Processing/FMCG, Hospitality, Electrical Equipment & Components, Auto Components and Light Engineering segments.


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