{
  "id": 18454475,
  "title": "UGRO Capital Disbursements Top ₹3,000 Crore In Q2 As Strategic Reset Lifts Half-Year Profit By 53 Per Cent",
  "url": "https://urgent.news/2026/11/06/ugro-capital-disbursements-top-3-000-crore-in-q2-as-strategic-reset",
  "topic": "ai",
  "section": "AI",
  "published": "2026-11-06T05:54:18.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/ugro-capital-disbursements-top-3000-crore-in-q2-as-strategic-reset-lifts-half-year-profit-by-53-per-cent"
  },
  "original_language": "en",
  "account": "UGRO Capital reported a surge in financial performance for the second quarter, with disbursements reaching ₹3,159 crore, a significant 77 percent increase from the previous year. Assets under management expanded by 23 percent to reach ₹15,019 crore. The lender noted that its two primary growth drivers now make up 53 percent of the total loan portfolio, a substantial rise from 32 percent nine months prior following a strategic reset in February 2026.\n\nThe company's lending activities in emerging market property loans grew by 42 percent, totaling ₹4,268 crore across 317 branches. UGRO Capital's subsidiary, GROx, a merchant lending platform, saw its assets under management nearly triple in the past year, reaching ₹3,661 crore. This segment currently disburses approximately ₹750 crore per month with daily collections.\n\nProfit before tax saw a 12 percent year-on-year increase to ₹68.3 crore for the quarter, while first-half profit after tax rose by 53 percent to ₹118.6 crore. Operating expenses for the quarter decreased by 38 percent, from ₹205 crore to ₹127.2 crore over two quarters.\n\nUGRO Capital's asset quality stood at 2.7 percent, with collection efficiency at 97 percent. The gross non-performing assets were reported at 2.7 percent, and the capital adequacy ratio was at 18.8 percent, with management anticipating it to climb towards 22 percent following a planned merger with Profectus Capital.",
  "summary": "Mumbai: Non-banking financial company UGRO Capital announced its financial results for the quarter ended September 2026, posting total disbursements of ₹3,159 crore, up 77 percent year-on-year. The company's assets under management grew 23 percent to reach ₹15,019 crore. Growth Engines Expand The lender said its two main growth engines now account for 53 percent of its total loan book , up from…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}