U Gro Capital delivered strong FY24 performance across key metrics. Net Interest Income (NII) rose to ₹265 crore, with 39.7% YoY growth and a 3-year CAGR of 37.1%. Profit After Tax (PAT) surged 200% YoY to ₹119.3 crore, while provisions increased 104.7% YoY to ₹116.3 crore. Operationally, yields moderated to 16.6%, RoA improved to 2.3%, and the cost of funds remained stable at 10.7%. On the balance sheet front, AUM grew to ₹9,000 crore, reflecting 48% YoY growth and an exceptional 3-year CAGR of 89.8%. U Gro’s robust expansion and profitability highlight its strong execution capabilities.
#ugrocapital #sharesofugro #knowyourcompany
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