Non-Banking Financial Company (NBFC) UGro Capital has entered the billion dollar AUM Club with its Q3 and 9M’FY24 results.
The company reported a net profit of Rs 32.5 crore for Q3 ending 31st December, 2023.
In addition, the net profit in Q3 of this fiscal was up by 13 per cent compared to the net profit of Rs 28.9 crore recorded in Q2. The total income was up by 10 per cent sequentially, reaching Rs 279.3 crore.
For the nine months ending 31st December, 2023, the net profit stood at Rs 86.7 crore, showing a 237 per cent increase over the net profit of Rs 25.7 crore in the same period last fiscal.
