Ugro Capital Limited — Updates, 22-10-2024: Press Release

UGRO Capital Limited reported robust financial results for the quarter and half-year ended September 30, 2024. The company achieved an Assets Under Management (AUM) of INR 10,157 crore, a 34% increase year-on-year, and a profit after tax (PAT) of INR 66 crore, up 22%. Key highlights include record net loan origination of INR 1,971 crore and the opening of 46 new micro branches, reinforcing its position as a leading MSME financing institution in India.