UGRO Capital targets ₹2,500 crore lower-yield loan book in three years

UGRO Capital plans to shrink its ₹8,000 crore lower-yield portfolio while scaling LAP and GROx embedded merchant lending. Its AUM reached ₹15,013 crore, while June-quarter net profit rose 33% sequentially to ₹67.9 crore.

— Filed Tue, 4 Aug, 2026, 22:13 IST · Source Financial Express · BrandWagon · Updated

UGRO Capital will shrink its Rs 8,000 crore lower-yield loan book to Rs 2,500 crore over three years while expanding LAP and GROx embedded merchant lending. June-quarter profit rose 33% sequentially to Rs 67.9 crore; AUM reached Rs 15,013 crore.

Why this matters

The portfolio shift follows GROx's ₹1,853 crore Q1FY27 disbursals and 3.4 lakh active customers, alongside its ₹5,500 crore loan originations and ₹5,000 crore AUM target.

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